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Nonprofit Cemetery
A burial ground operated by an organization that does not seek to make a profit, often eligible for certain tax exemptions.
Schedule A
The section of the tax form 1040 used by taxpayers to itemize deductions.
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.
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