Question: A standard deduction is a: ( Select the best answer below. ) A . variable amount deducted from unadjusted net income to determine taxable income.

A standard deduction is a: (Select the best answer below.)
A. variable amount deducted from unadjusted net income to determine taxable income.
B. fixed amount deducted from adjusted gross income to determine taxable income.
C. fixed amount deducted from unadjusted net income to determine taxable income.
D. variable amount deducted from adjusted gross income to determine taxable income.
How much is the standard deduction for taxpayers filing single? For married taxpayers filing jointly? (Select the best answer below.)
A. The standard deduction for taxpayers filing single is $13,850. For married taxpayers filing jointly, it is $41,550.
B. The standard deduction for taxpayers filing single is $27,700. For married taxpayers filing jointly, it is $13,850.
C. The standard deduction for taxpayers filing single is $27,700. For married taxpayers filing jointly, it is $41,550.
D. The standard deduction for taxpayers filing single is $13,850. For married taxpayers filing jointly, it is $27,700.
A standard deduction is a: (Select the best answer below.) A.

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