Question: Under the Optional Standard Deduction (OSD) rules, what is the maximum allowable deduction for individual taxpayers? A. 25% of gross sales B. 40% of gross

Under the Optional Standard Deduction (OSD) rules, what is the maximum allowable deduction for individual taxpayers? A. 25% of gross sales B. 40% of gross sales or receipts C. 50% of net income D. 30% of gross receipts Group of answer choices C D B A

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