Fundamentals of Taxation
Quiz 2: Expanded Tax Formula, Forms 1040a and 1040, and Basic Concepts
The Standard Deduction in 2015 for a Married Couple, Under
The standard deduction in 2015 for a married couple, under 65 and not blind, is $12,600.
Explore answers and all related questions
In 2015, the additional standard deduction for a single taxpayer, who is 65 or older and not blind, is $1,200.
Even if the total of the itemized deductions is lower than the standard deduction, a taxpayer should choose to itemize on his or her tax return.
The tax tables stop at taxable income of $115,000.
Explore all questions
How it work
Terms And Conditions
© 2020 QuizPlus. All Right Reserved