Answers PizzellaWCA 6180 Personal Finance 1 - Part 1 Careers, Salaries, and Lifetime IncomeQuestion 2

2

QuizMultiple Choice

Careers, Salaries, and Lifetime Income

Question 2 • (Pizzella)WCA 6180 Personal Finance 1 - Part 1

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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