 Looking at the income tax formula, we're focused on line two adjustments to income, which you might hear called above the line deductions or possibly schedule one deductions. Remember in the first half the income tax formula is in essence a funny income statement, an income statement typically having income minus expenses resulting in net income. Here we have income minus various deductions resulting in taxable income. Deductions for taxes are good and therefore we're typically trying to find more deductions. We have two main categories of deductions, the adjustments to income, which you might call above the line deductions, and the greater of either the standard deductions or itemized deductions. We're focused here on what I would call the above the line deductions or adjustments to income, which if they are applicable can be applicable typically even to lower income individuals. First a word from our sponsor. Yeah actually we're sponsoring ourselves on this one because apparently the merchandisers they don't want to be seen with us, but but that's okay whatever because our merchandise is is better than their stupid stuff anyways. Like this CPA thinking cap for example CPA thinking CAP you see what we did with like with the letters and this CPA thinking cap is not just for CPAs either anyone can and should have at least one possibly multiple CPA thinking caps. Why? Because based on our scientific survey of five people all of whom directly profit from the sale of these CPA thinking caps wearing this CPA thinking cap without a doubt according to the survey increases accounting productivity tenfold yeah at least yeah apparently the hat actually channels like accounting energy from the quantum field ether directly into your head allowing you to navigate spreadsheets faster it's kind of like how in like the matrix when neo learns kung fu or at least that's what the scientific survey saying so get one because the scientific survey participants could really use some extra cash. If you would like a commercial free experience consider subscribing to our website at accountinginstruction.com or accountinginstruction.thinkific.com because we do not have to clear a threshold such as the itemized deduction threshold in order for them to have a tax benefit.