The Orderly Arrangement of Data in a Summary Format Showing

question 23

Multiple Choice

The orderly arrangement of data in a summary format showing the number of responses to each response category is called ____.

• A)tabulation
• B)frequency
• C)analysis
• D)interpretation

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Definitions:

Alimony Payment

Payments made to a spouse or ex-spouse under a divorce or separation agreement, potentially deductible for the payer.

Deductible Student Loan Interest

Refers to the interest paid on a qualified student loan which may be deducted from income when calculating federal income tax.

Self-Employed Health Insurance

A tax deduction available to self-employed individuals for premiums paid on medical, dental, and long-term care insurance for themselves and their dependents.

Above-The-Line

refers to deductions that taxpayers are allowed to subtract from gross income to arrive at the adjusted gross income, which are beneficial as they are not subject to itemized deductions limitations.