Chapter 7. Below-the-Line Deductions ◦ Reported on Schedule A Include ◦ Medical Expenses ◦ Taxes ◦ Interest ◦ Charitable Contributions ◦ Casualty.
Chapter 3 © 2009 Money Education. 2 3-3 Tax Formula: Individuals Income – Deductions = Taxable Income x Tax Rate = Tax Liability.
