Question: What is a standard deduction? What is the standard deduction based on? A standard deduction is a:(Select the best answer below.) varies according to your

What is a standard deduction? What is the standard deduction based on?

A standard deduction is a:(Select the best answer below.)

varies according to your filing status and your income.

does not vary according to your filing status.

is affected by the amount of income you earned during the year.

varies according to your filing status.

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