In Order for a Taxpayer to Reduce Taxable Income with a Deduction

question 142

True/False

In order for a taxpayer to reduce taxable income with a deduction, the tax law must allow it, and it must meet all statutory requirements.

---

Definitions:

Bender Visual-Motor Gestalt Test

A psychological assessment that evaluates visual-motor functioning, perceptual skills, and neurological impairments by analyzing an individual's execution of specific drawings.

Neuropsychological Test

A standardized assessment tool used to measure a specific aspect of brain function and cognitive performance.

MMPI-II Assessment

The Minnesota Multiphasic Personality Inventory-2, a comprehensive psychological test that assesses personality traits and psychopathology.

DSM-5 Diagnosis

The process of identifying a mental disorder using the criteria outlined in the Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition.