Match the Statements That Relate to Each Other

question 97

Multiple Choice

Match the statements that relate to each other.Note: Some choices may be used more than once.
-Multiple support agreement

• A)Not available to 65-year old taxpayer who itemizes.
• B)Exception for U.S.citizenship or residency test (for dependency exemption purposes).
• C)Largest basic standard deduction available to a dependent who has no earned income in 2019.
• D)Considered for dependency purposes.
• E)Qualifies for head of household filing status.
• F)A child (age 15) who is a dependent and has only earned income.
• G)Considered in applying gross income test (for dependency exemption purposes).
• H)Not considered in applying the gross income test (for dependency exemption purposes).
• I)Unmarried taxpayer who can use the same tax rates as married persons filing jointly.
• J)Exception to the support test (for dependency exemption purposes).
• K)A child (age 16) who is a dependent and has only unearned income of $4,500.
• L)No correct match provided.

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Definitions:

Security Returns

The profit or loss generated on an investment over a particular period, typically expressed as a percentage.

Risk-Adjusted Returns

Investment returns which have been modified to account for the risk involved, providing a more accurate measure of performance.

High Beta Portfolios

Investment portfolios that are composed of stocks or financial instruments with a high beta, indicating higher volatility and potential for higher returns or losses compared to the market.

Low Beta Portfolios

Investment portfolios comprised of assets that have lower volatility and are less sensitive to market movements compared to the broader market.