Which Is a Fixed Amount That a Taxpayer Can Deduct

question 11

Multiple Choice

Which is a fixed amount that a taxpayer can deduct from taxable income?

• A) an itemized deduction
• B) a standard deduction
• C) a tax credit
• D) an exemption

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Definitions:

Tools Available

Refers to the resources or equipment at one’s disposal for completing tasks or solving problems.

Middle-Class Women

Women who belong to the socio-economic class between the working class and the upper class, often perceived as the typical suburban demographic in media.

Realistic

Pertaining to or representing conditions and situations as they are in real life.

Programs

Sequences of coded instructions that direct a computer to perform tasks.