Multiple Choice
Which of the following is true of the standard deduction amounts?
A) The amount is standard for all individual tax returns; that is, the amount deducted on all individual tax returns is the same.
B) The standard deduction does not affect adjusted gross income.
C) The standard deduction for all taxpayers who file a joint return provides the same tax benefit.
D) All of the above are true.
Correct Answer:
Verified
Correct Answer:
Verified
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