Which of the Following Statements Describing Individual Tax Deductions Is

question 30

Multiple Choice

Which of the following statements describing individual tax deductions is false?

• A) Individuals can take both above-the-line and the standard deduction in the same year.
• B) Individuals elect to itemize deductions in a tax year in which total itemized deductions exceed the standard deduction.
• C) In a year in which an individual takes the standard deduction, any itemized deductions yield no tax benefit.
• D) Individuals who pay self-employment tax can deduct the tax as an itemized deduction.

---

Definitions:

Anhedonia

The inability to experience pleasure from activities usually found enjoyable, often a symptom of depression and other psychiatric disorders.

Psychomotor Retardation

A slowing-down of thought and a reduction of physical movements in an individual, which can be a symptom of psychiatric disorders such as depression.

Spiritual Distress

A condition where an individual experiences a profound disturbance in their belief or value system, often related to a sense of purpose, hope, or connection.

Risk for Suicide

A situation where an individual shows signs of potentially engaging in self-destructive behavior that could lead to their death.