In 2018, Ed Is 66 and Single

question 14

True/False

In 2018, Ed is 66 and single. If he has itemized deductions of $12,700, he should not claim the standard deduction alternative.

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Definitions:

Intrapreneurship

The practice of developing new products, services, or initiatives within an existing organization to drive innovation.

Renewal

The process of extending the period of validity or effectiveness of something, or revitalizing something that has diminished or expired.

Benefit Corporation

A form of organization certified by the nonprofit B Lab that ensures strict standards of social and environmental performance, accountability, and transparency are met.

Social Performance

A measure of an organization’s ability to meet its social objectives, reflecting its impact on stakeholders, communities, and society as a whole.