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    #1

    Withholding Deductions/Losses

    It is my understanding that deductions or losses cannot be withheld from reporting when such withholding increases a refund through EIC. Am I correct? If yes, what is the reference? Comments appreciated.
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    #2
    When figuring your net earnings from self-employment, you must claim all your
    allowable business expenses.
    Pub 596 page 25
    JG

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