A Standard Amount That Taxpayers Can Claim for Themselves Is

question 73

Multiple Choice

A standard amount that taxpayers can claim for themselves is called

• A)the personal tax credit.
• B)the personal deduction.
• C)the basic personal amount.
• D)an exclusion credit.

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Definitions:

Cardinal

Principal or most important; in psychology, it may refer to cardinal traits that dominate an individual's personality.

Human Personality

The combination of characteristics or qualities that form an individual's distinctive character, influenced by genetic, environmental, and social factors.

Conscientiousness

A personality trait characterized by organization, dependability, discipline, and a strong sense of duty.

High Goals

Ambitious or challenging objectives set by individuals aiming to achieve significant success or fulfillment.