It Is Recommended That Women Maintain Credit in Their Own

question 104

Multiple Choice

It is recommended that women maintain credit in their own name rather than solely with their husbands.To do this,a woman should

• A) use a consistent,legal name rather than Mrs.____.
• B) notify the credit bureau of a name change,if any.
• C) notify the credit bureau that she wants to maintain a separate credit file.
• D) make sure credit information is reported in her name as well as her husband's.
• E) all of the above.

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Definitions:

Medical Services

Professional services provided by doctors, nurses, or any healthcare providers, typically aimed at diagnosing, treating, or preventing illness.

Itemized Deduction

Specific expenses allowed by the IRS that can be subtracted from AGI to decrease taxable income.

AGI Floor

A threshold based on a taxpayer's adjusted gross income (AGI) that limits the deductibility of certain expenses.

Professional Dues

Fees paid to a professional organization or union that the member may be able to deduct on their tax return.