The basic standard deduction in 2014 for a taxpayer,under 65 and not blind,filing married filing jointly is:
A) $12,000.
B) $12,200.
C) $12,400.
D) $9,100.

Question

Quizplus · Accepted Answer

The basic standard deduction for a taxpayer, under 65 and not blind, filing married filing jointly in 2014 was $12,400. This means that the taxpayer could choose to either take the standard deduction or itemize deductions on their tax return, whichever gave them the greater tax benefit.

The Basic Standard Deduction in 2014 for a Taxpayer,under 65