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Deduction Phase Out

Wed 02 Jan 13 | 04:45 PM ET
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Deduction Phase Out

Wed 02 Jan 13 | 04:45 PM ET
Part of the tax deal reinstates the phase out of personal exemptions and deductions for singles earning more than $250,000 and for couples making over $300,000. CNBC's Eamon Javers explains what this means for your bottom-line.

Topics:

Taxes  | Fiscal Cliff
 
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