Which of the Following Is a True Statement

question 6

Multiple Choice

Which of the following is a true statement?

• A) Bunching itemized deductions is an illegal method of tax avoidance.
• B) Before any applicable phase-out, the deduction for personal and dependency exemptions is $4,050 times the number of exemptions.
• C) The standard deduction is increased for taxpayers who are blind or deaf at year-end.
• D) A married couple is only entitled to one addition to their standard deduction even if both spouses are both over age 65.
• E) All of the choices are true.

---

Definitions:

Advantage

The benefit or edge that a person, organization, or situation has over another.

Future Outlook

An estimate or forecast of a future situation or trend based on current data or trends.

Nominal Rate

The rate of interest before adjustments for inflation, representing the face value of financial products.

Large-company Stocks

Shares that represent ownership in corporations with large market capitalizations.