Phyllis, Who Is Single, Has Itemized Deductions Totaling $20,000

question 65

True/False

Phyllis, who is single, has itemized deductions totaling $20,000. She overpaid her 2017 state income tax and is entitled to a refund of $400 in 2018. Phyllis chooses to apply the $400 overpayment toward her state income taxes for 2018. She is required to recognize that amount as income in 2018.

---

Definitions:

Intuitive-Thinking Style

A cognitive approach where individuals rely on instinct and logic rather than systematic analysis or emotional response.

Problem Solving

The method of identifying answers to challenging or intricate problems.

Emotion-Focused Coping

Mechanisms that regulate emotions or distress.

Highly Authoritarian

Describes a leadership or governance style characterized by strict obedience to authority at the expense of personal freedom.