Multiple Choice
Which, if any, of the statements regarding the standard deduction is correct?
A) Some taxpayers may qualify for two types of standard deductions.
B) Not available to taxpayers who choose to deduct their personal and dependency exemptions.
C) Not available to taxpayers who choose to claim their deduction for AGI.
D) The basic standard deduction is indexed for inflation but the additional standard deduction is not.
E) None of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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