Lila and Ted Are Married and Have AGI of $337,000

question 70

Multiple Choice

Lila and Ted are married and have AGI of $337,000 in 2016.They had their first children this year,twins.Lila and Ted will be allowed a deduction for personal and dependency exemptions of

• A)$8,100.
• B)$16,200.
• C)$12,636.
• D)$6,318.

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Definitions:

Yield To Maturity

The total return expected on a bond if held until its maturity date, including both interest payments and capital gains.

Interest Annually

The amount of interest earned or paid over a one-year period.

Yield To Maturity

The total return anticipated on a bond if it is held until its maturity date, factoring in its current market price, face value, interest rates, and time to maturity.

Par Value

The nominal or face value of a bond, share of stock, or coupon as indicated on a bond or stock certificate.