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The Taxpayer's Spouse Died at the Beginning of 2015

question 82

Multiple Choice

The taxpayer's spouse died at the beginning of 2015.He has no qualifying child.Which status should the taxpayer select when filing his tax return for 2016?


Definitions:

Economic Theory

A framework or model that attempts to explain the workings of economic systems through the analysis of various variables and their relationships.

Option

A financial derivative that gives the buyer the right, but not the obligation, to buy or sell an asset at a specific price on or before a certain date.

Objectively

In a manner that is not influenced by personal feelings or biases, based on factual and unbiased considerations.

Labor

The human effort, both physical and mental, used in the production of goods and services.

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