Question: 3} HowI does a tax deduction differ from a tax credit? 9] Are tax payers allowed to claim the additional old age or blindness standard

3} HowI does a tax deduction differ from a tax
3} HowI does a tax deduction differ from a tax credit? 9] Are tax payers allowed to claim the additional old age or blindness standard deductions for dependents? 11} Bill and Becky had a child born on April 15. The child died within three hours of birth. Can they claim an exemption for the child? 14} Explain the concept of the "multiple support agreement." What are the requirements for such an agreement? 20} 28]What is the difference between the tax tables and the tax rate schedules? 30] Tom and Linda are married tax payers who file a joint return. They have itemized deductions of $28,100 and four exemptions. Assuming an adjusted gross income of $40,000 what is their taxable income for 2021? 31] Compute Marie's taxable income for 2021, assuming she is single and claims two dependent children. Her adjusted gross income is $70,000 and she has itemized deductions of $19,800. 32}Which of the following taxpayers should itemize? Explain A. Royer is a single taxpayer he has itemized deductions of $12,750 B. Jane qualifies as head of household. Her itemized deductions total $18,000 C. Brian is married and les a separate return. He has itemized deductions of $12,750 D. Lisa is a surviving spouse. Her itemized deductions are $24,800 61] 62]

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