Codes with Fewer Than Six Characters That Require a Seventh

question 86

Short Answer

Codes with fewer than six characters that require a seventh character must contain placeholder "________" to fill in the empty characters.

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Definitions:

Itemized Deductions

Specific expenses that taxpayers can report in order to decrease their taxable income, as opposed to taking a standard deduction.

Mortgage Interest

The interest paid on a mortgage loan, which may be deductible on U.S. federal income tax, reducing taxable income.

Prescription Medicines

Medications that can only be obtained with a doctor's written order and are eligible for certain tax exemptions when used for medical care.

Health Insurance Premiums

The amount paid, often on a monthly basis, for health insurance coverage.