Chapter 3 Computing The Tax - Test Bank Town

7. This may not be the case. Since the Masons will become 65 years old, the standard deduction amount will increase and this alternative may prove more beneficial than itemizing (dfrom). pp. 3-6 to 3-8 and Tables 3-1 and 3-2. 8. a. No personal exemption is allowed a dependent. b. $800 is one of two choices as a standard deduction. ................
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