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In addition to the regular standard deduction taxpayers who are blind qualify for a second standard. True / False Kathleen and Ken have a $475,000

In addition to the regular standard deduction taxpayers who are blind qualify for a second standard. True / False 

Kathleen and Ken have a $475,000 mortgage on their personal residence and a $125.000 mortgage. True / False 

An operating loss occurs when an entity's deductions exceed the income generated for the period. True / False

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