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Under the current tax law

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Under the current tax law

Under the current tax law
A) only married couples may take both a standard deduction and also itemize personal deductions.
B) only wage-earners may take both a standard deduction and also itemize personal deductions.
C) all individuals must choose between a standard deduction or itemizing personal deductions.
D) only self-employed individuals may take both a standard deduction and also itemize personal deductions.

Textbook

Personal Finance: An Integrated Planning Approach

Edition: 8^th

Author: Frasca

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GoodMad_ Author

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7 years ago

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