QUESTION 1 Most taxpayers may deduct the standard deduction amount or the amount of their itemized deductions, whichever is higher. True False 1 points QUESTION 2 If a taxpayer is due a refund, it will be mailed to the taxpayer regardless of whether he or she files a tax return. True False 1 points QUESTION 3 Schedule 1 of Form 1040 is used to report: a. Joint return status. b. Salary income. c. Self-employment income. d. Withholding on wages. 1 points QUESTION 4 John, age 25, is a full-time student at a state university. John lives with his unmarried sister, Ann, who provides over half of his support. His only income is $4,200 of wages from a part-time job at the college book store. What is Ann's filing status for 2018? a. Head of household b. None of the above c. Single d. Qualifying widow(er) e. Married, filing separately 1 points QUESTION 5 Which of the following is not a capital asset? a. Inventory b. Land c. Stocks d. Gold e. A personal automobile