Multiple Choice
Which of the statements regarding the standard deduction, if any, is correct?
A) Some taxpayers may qualify for two types of standard deductions.
B) The standard deduction is not available to taxpayers who are dependents.
C) The standard deduction may be taken as a for AGI deduction.
D) The basic standard deduction is indexed for inflation but the additional standard deduction is not.
E) None of these.
Correct Answer:
Verified
Correct Answer:
Verified
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