Latisha Is a Single Person Who Makes $40,000 Per Year

question 1

Multiple Choice

Latisha is a single person who makes $40,000 per year. This year she paid $2,000 in student loan interest, $1,500 in medical expenses, $7,200 in rent and $4,800 in car loan payments. She contributes $3,600 per year to her 401K plan at work. Give her some tax advice.

• A) Single people should always take the standard deduction.
• B) People who have medical expenses should always itemize their deductions.
• C) Calculate your taxes using both methods to see which provides a greater deduction.
• D) You should itemize if you pay interest, since interest of any kind is tax deductible.

---

Definitions:

Escape Learning

A form of learning where the subject acquires a response to avoid an unpleasant or aversive stimulus.

Aversive Stimulation

A process involving the use of unpleasant stimuli to reduce or eliminate undesirable behaviors.

Response

A response to a certain trigger or scenario that may manifest physically, emotionally, or in actions.

Organism

A living entity that can function independently, such as an animal, plant, or microorganism.