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    Exam 4: Using Tax Concepts for Planning
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    A Standard Amount Which Taxpayers Can Claim for Themselves and Dependents
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A Standard Amount Which Taxpayers Can Claim for Themselves and Dependents

Question 82

Question 82

Multiple Choice

A standard amount which taxpayers can claim for themselves and dependents is called a(n)


A) allowance.
B) deduction.
C) exemption.
D) exclusion.

Correct Answer:

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