The Traderszone Network

Published in TZ Latest News 12 March, 2017 by The TZ Newswire Staff

The Average American’s Tax Deductions by Income

We’re a few months into tax season, and many people have already filed their returns, while others are still gathering documentation. As you go through the process, you may be wondering how much the average American’s tax deductions are and how you compare. Here are the average amounts of Americans’ most common deductions, and why it’s important for you as a taxpayer to know this information.

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