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Is income averaging still available? 24.8k views
Where do I report income from my corporation on Form 1040? 12.2k views
I paid a convenience fee when I charged my property taxes. Can I deduct this fee? 7.5k views
I sold some municipal bonds at a loss. Can I deduct the loss? 7.1k views

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Tax Glossary

Active participation

Test for determining deductibility of IRA deductions. Active participants in employer retirement plans are subject to IRA deduction phase-out rules if adjusted gross income exceeds certain threshold.

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