QuestionAugust 3, 2025

True or false: The standard deduction is a below-the-line deduction. True False

True or false: The standard deduction is a below-the-line deduction. True False
True or false: The standard deduction is a
below-the-line deduction.
True
False

Solution
4.4(239 votes)

Answer

False Explanation 1. Define Standard Deduction The standard deduction is a fixed dollar amount that reduces the income you're taxed on. 2. Identify Deduction Type Below-the-line deductions are itemized deductions subtracted from adjusted gross income (AGI) to determine taxable income. The standard deduction is not itemized; it is taken before AGI adjustments.

Explanation

1. Define Standard Deduction<br /> The standard deduction is a fixed dollar amount that reduces the income you're taxed on.<br /><br />2. Identify Deduction Type<br /> Below-the-line deductions are itemized deductions subtracted from adjusted gross income (AGI) to determine taxable income. The standard deduction is not itemized; it is taken before AGI adjustments.
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