75
QuizMultiple Choice

Topic Test

Question 75 • SNHS Financial Math - MA2007

What is the standard deduction used for?

Answer
A
The standard deduction is the minimum size a deduction can be to be counted.
B
The standard deduction is claimed automatically, before other deductions are calculated.
C
The standard deduction is the minimum deduction that anyone may claim.
D
The standard deduction is the maximum allowable deduction.
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