Question 22 • ASSIGN FULL - EVP: PGCPS FINANCIAL LITERACY OC (FALL2026) - 795060
The standard deduction is a set amount that taxpayers can subtract from income to reduce the amount subject to tax, instead of adding up itemized deductions. In this question, choice B best describes it as the deduction used by default; it is not a minimum or a maximum deduction.
AI-written and checked against the verified answer.