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Old 12-01-2005, 04:15 PM
JPinAZ JPinAZ is offline
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Join Date: Jun 2004
Posts: 33
Default Re: Tax return question

The deductions on your paycheck have nothing to do with itemized deductions you take on your tax return. The standard deduction for 2005 is $5,000, so if your total itemized deductions (including your gambling losses) are less than that then you can't itemize.
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