Which of the Following Is a True Statement

question 18

Multiple Choice

Which of the following is a true statement?

• A) The standard deduction is increased for taxpayers who are blind or deaf at year end.
• B) A married couple is only entitled to one addition to their standard deduction even if both spouses are both over age 65.
• C) Bunching itemized deductions is a legal method of tax avoidance.
• D) The standard deduction is subject to a phase-out based on AGI.
• E) All of the choices are true.

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Definitions:

Racism

Prejudice, discrimination, or antagonism directed against individuals of different races based on the belief that one's own race is superior.

Abolitionists

Activists who campaigned for the immediate end of slavery and the emancipation of slaves, particularly prominent in the 19th century.

Morally Wrong

Actions or behaviors that are considered unethical or evil according to societal, cultural, or personal standards.

Economic Threat

A potential risk that could negatively impact the economic stability or growth of a country or region.