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[LO 1.5] What are the four filing statuses for which there are standard deductions? [LO 1.5] Differentiate the personal exemption from the dependency exemption [LO

  1. [LO 1.5] What are the four filing statuses for which there are standard deductions?
  2. [LO 1.5] Differentiate the personal exemption from the dependency exemption
  3. [LO 1.5] How is gain or loss on the disposition of business or investment property determined?

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