The gross income threshold to require a federal income tax return for a single taxpayer is equal

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The gross income threshold to require a federal income tax return for a single taxpayer is equal to:

a. The sum of the taxpayer’s itemized deductions.

b. The same as the current year standard deduction ($12,950 in 2022).

c. Any amount over zero.

d. an amount that cannot be determined without knowing if any for AGI deductions will be claimed.

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Income Tax Fundamentals 2023

ISBN: 9780357719527

41st Edition

Authors: Gerald E. Whittenburg, Steven Gill

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Question Posted: Feb 25, 2023 12:34 AM

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The gross income threshold to require a federal income tax return for a single taxpayer is equal

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