Jason and Peg Are Married and File a Joint Return

question 177

True/False

Jason and Peg are married and file a joint return.Both are over 65 years of age and Jason is blind.Their standard deduction for 2014 is $16,000 ($12,400 + $1,200 + $1,200 + $1,200).

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Definitions:

Displays

Physical or digital presentations designed to visually promote and provide information about products or services to potential customers.

Coupons

Vouchers entitling the holder to a discount for a particular product or service.

Generativity

A term used in psychology that refers to a concern for establishing and guiding the next generation, often seen as a stage in adult development.

Stagnation

A state of inactivity or lack of progress, often resulting in the absence of development or advancement.