A Personal Allowance

question 29

Multiple Choice

A personal allowance:

• A)amounted to $2,000 in 2016.
• B)may be claimed to exempt a portion of the employee's earnings from withholding.
• C)is indexed for inflation every calendar quarter.
• D)may be claimed at the same time with each employer for whom an employee is working during the year.
• E)for one person is a different amount for a single versus a married taxpayer.

---

Definitions:

False Communication

The act of transmitting misleading or untrue information, which can lead to misunderstandings or misrepresentations.

Knowledge Of Falsity

Awareness or understanding that certain information or statement is false or untrue.

Defamation Suit

A legal action brought against an individual or entity for making false statements that harm another's reputation.

Absolute Privilege

A legal immunity shielding individuals from lawsuits for statements made during certain official proceedings, regardless of their truth or intention.