Describe the characteristics of the taxpayers

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Reference no: EM132642072

Question 1: Explain why Congress allows self-employed taxpayers to deduct the employer portion of their self-employment tax.

Question 2: Describe the tax benefits from "bunching" itemized deductions in one year. Describe the characteristics of the taxpayers who are most likely to benefit from using bunching and explain why this is so.

Reference no: EM132642072

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