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John and Lisa are completing their federal income taxes for the year and have identified the amounts listed here.How much can they rightfully deduct?
• AGI: $45,000
• State income taxes: $3,000
• Mortgage interest: $5,500
• Charitable contributions: $1,250
Wind and Solar Power
Renewable energy sources generated from natural processes, specifically the movement of air (wind) and sunlight (solar), used to produce electricity with minimal environmental impact.
Energy Storage
The capturing of energy produced at one time for use at a later time, often instrumental in managing the supply and demand of energy.
Medical Care
The services provided by professionals to patients for the purpose of promoting, maintaining, monitoring, or restoring health.
Denial
A psychological defense mechanism wherein an individual refuses to accept reality or facts, often in response to uncomfortable or painful truths.
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