Which of the following statements is CORRECT regarding the married filing separately filing status? When a couple

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Which of the following statements is CORRECT regarding the married filing separately filing status? When a couple decides to file married filing separately:

Both spouses must take the standard deduction.

If one spouse itemizes, the other spouse must itemize and could have a deduction smaller than the standard deduction.

One spouse may take the standard deduction and the other spouse must itemize.

The standard deduction for taxpayers using the married filing separately status is different from the single filing status

Related Book For answer-question

Auditing a business risk appraoch

ISBN: 978-0324375589

6th Edition

Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston

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Posted Date: Mar 08, 2024 06:19 AM

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Which of the following statements is CORRECT regarding the married filing separately filing status? When a couple

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Auditing a business risk appraoch

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