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Old 12-17-2005, 03:53 PM
Niediam Niediam is offline
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Join Date: Jan 2005
Location: Michigan
Posts: 823
Default Re: The Tax Man Cometh

No, it does not change your tax bracket.

What it goes change is your AGI. This can have an effect upon many things - for you a big one might be eligibility for student loans.

You will also not be able to take the standard deduction.
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