Examlex
Bernie is an aspiring video game developer.Learning which of the following software would benefit him the most?
Basic Standard Deduction
A set dollar amount that reduces the income on which you are taxed, varying according to filing status, available to all taxpayers who do not itemize deductions.
Single Taxpayer
A filing status for individuals who are unmarried or legally separated from their spouse by the end of the tax year, with tax rates and standard deductions specific to single filers.
Personal Exemptions
Deductions allowed by the IRS on income tax for the taxpayer and dependents, though largely eliminated for tax years 2018 through 2025.
Amount
A quantitative measure or sum of money.
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