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Which Fixed Amount Can a Taxpayer Subtract from Adjusted Gross

question 5

Multiple Choice

Which fixed amount can a taxpayer subtract from adjusted gross income for each dependent member of the household,as well as for the taxpayer and his or her spouse?


Definitions:

Percentile

A measure used in statistics indicating the value below which a given percentage of observations in a group of observations falls.

Very High

"Very High" is an adjective used to describe an extreme or significantly above average level or degree of a certain measure or attribute.

Very Low

A descriptor indicating a significantly below-average quantity, degree, or level.

About Average

Refers to values or outcomes that fall near the middle or mean in a set of data.

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