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The Standard Deduction Is the Maximum Amount of Itemized Deductions

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The standard deduction is the maximum amount of itemized deductions which may be claimed by a taxpayer and is based on an individual's filing status,age,and vision.


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A statistical method for modeling the relationship between two or more variables where the effect is assumed to be directly proportional to the input.

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The prices of products or services as publicized through various media channels to inform potential consumers.

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