Jason and Peg are married and file a joint return.Both are over 65 years of age and Jason is blind.Their standard deduction for 2010 is $14,700 ($11,400 + $1,100 + $1,100 + $1,100).
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Q1: Under the income tax formula, a taxpayer
Q2: Most exclusions from gross income are not
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Q5: Derek,age 46,is a surviving spouse.If he has
Q6: The filing status of a taxpayer (e.g.
Q6: An above-the-line deduction refers to a deduction
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Q8: It is possible for an individual taxpayer
Q10: As used in the income tax formula,gross
Q11: The basic and additional standard deductions are
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