Q1/ Rachael is a single taxpayer in 2020. She is 39 years old. Her taxable income consists of $10,700 of wages and $1,000 if taxable interest. Rachael is required to file a tax return.

Group of answer choices

True

False

Q2/ When filing an individual income tax return, the taxpayer has the option to choose:

Group of answer choices

the larger of itemized deductions or standard deduction

the smaller of itemized deductions or standard deductions

to use both the standard deduction and itemized deductions

the standard deduction or the adjustment for adjusted gross income