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36. The Standard Deduction varies depending on the age of the taxpayer a True b. False 37. are an Itemized Deduction a. Real Estate taxes

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36. The Standard Deduction varies depending on the age of the taxpayer a True b. False 37. are an Itemized Deduction a. Real Estate taxes b. State Taxes paid c. Local Taxes paid d. All of the above 38 are an Itemized Deduction a. Mortgage Interest paid b. Mortgage payments made c. Payments made toward the principle of a home loan d. All of the above 39. For a dependant to qualify as a deduction for the taxpayer the dependant must not have any income of their own a. True b. False are considered taxable income. 40. Interest and a. Inherited monies b. Capital gains c. Dividends d. B & C above e. All of the above

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