Identify Which of the Following Statements Is False

question 82

Multiple Choice

Identify which of the following statements is false.

• A)A trust receives no standard deduction when computing taxable income.
• B)Trust tax preparation fees are miscellaneous itemized deductions and subject to the 2% nondeductible floor.
• C)There is no limit on a fiduciary's charitable contribution deduction if such a contribution is authorized in the trust instrument.
• D)All of the above are false.

---

Definitions:

Fixed-Alternative

A type of question format in surveys or questionnaires that presents a limited set of answer options from which respondents must choose.

Dichotomous

Pertaining to something divided or separating into two distinct parts or categories.

Dichotomous

Referring to a division or contrast between two things that are or are represented as being opposed or entirely different.

Toothpaste

A paste or gel used with a toothbrush to clean and maintain the aesthetics and health of teeth.