The Basic Standard Deduction in 2015 for a Single Taxpayer

question 53

Multiple Choice

The basic standard deduction in 2015 for a single taxpayer who is 67 years old and not blind is:

• A) $7,550.
• B) $6,300.
• C) $7,850.
• D)$1,550.

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Definitions:

Vocational Training

Educational training that focuses on teaching the skills and knowledge needed for specific jobs or industries.

Government Employment

Refers to jobs directly provided by federal, state, or local government bodies, often including public service positions such as teachers, firefighters, and government administrators.

Self-Supporting

An entity or individual that is capable of providing for its needs without external assistance.

Welfare Programs

Governmental programs designed to support individuals and families in need by providing financial aid, healthcare, and social services.