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Most Taxpayers May Deduct the Standard Deduction Amount or the Amount

question 54

True/False

Most taxpayers may deduct the standard deduction amount or the amount of their itemized deductions, whichever is higher.


Definitions:

High Level

Describes processes, concepts, or activities that are advanced in complexity, abstraction, or general importance.

Operant

An accidental or random action.

Reinforcement

An event that an individual experiences as pleasurable or rewarding, which increases the frequency of a behavior that occurred immediately before the pleasurable event.

Rewarded

Being given something, typically a token of appreciation or payment, in response or recognition for one's action or service.

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