The standard deduction is $12,200 for a single person. Suppose you file as a single person and your current income is $22,500. This means that your taxable income is:
A) $10,300.
B) $32,800.
C) $22,500.
D) $12,200.
Correct Answer:
Verified
Q36: Which of the following statements is correct?
A)Income
Q37: Taxable income is the:
A)tax on social security.
B)amount
Q38: The marginal tax rate is the:
A)tax on
Q39: The standard deduction is $12,200 for a
Q40: The standard deduction is $12,200 for a
Q42: The standard deduction for a single
Q43: The standard deduction for a single
Q44: The standard deduction for a single
Q45: The standard deduction for a single
Q46: The standard deduction for a single
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