Many Taxpayers Who Previously Itemized Will Start Claiming the Standard

question 50

True/False

Many taxpayers who previously itemized will start claiming the standard deduction when they purchase a home.

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Definitions:

Citrate

A salt or ester of citric acid that plays a key role in the Krebs cycle, a central pathway in cellular respiration.

Oxaloacetate

A four-carbon molecule that acts as a key intermediate in the citric acid cycle and gluconeogenesis.

Mitochondrial Intermembrane

The space located between the inner and outer membranes of mitochondria, involved in the electron transport chain.

ATP Synthase

An enzyme complex that produces ATP from ADP and inorganic phosphate during cellular respiration and photosynthesis.