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    Personal Finance Study Set 12
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    Exam 4: Tools for Financial Planning - Using Tax Concepts for Planning
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    A Standard Amount That Taxpayers Can Claim for Themselves Is
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A Standard Amount That Taxpayers Can Claim for Themselves Is

Question 73

Question 73

Multiple Choice

A standard amount that taxpayers can claim for themselves is called


A) the personal tax credit.
B) the personal deduction.
C) the basic personal amount.
D) an exclusion credit.

Correct Answer:

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