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Thank you. Frieda is 67 years old and deaf. If Frieda files as a head of household, what amount of standard deduction can she claim
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Frieda is 67 years old and deaf. If Frieda files as a head of household, what amount of standard deduction can she claim in 2020? Use Exhibit 6-12. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.) Multiple Choice $12,400 $14,050 $18,650 $19,950 O $20,300 EXHIBIT 6-12 Standard Deduction Amounts* Filing Status Married filing jointly Head of household Single Married filing separately 2019 Amounts Basic Standard Deduction Additional Standard Deduction for Age and/or Blindness at End of year $24,400 $1,300 18,350 1,650 12,200 1,650 12.200 1,300 2020 Amounts Filing Status Basic Standard Deduction Additional Standard Deduction for Age and/or Blindness at End of year Married filing jointly $24.800 $1.300 Head of household 18,650 1,650 Single 12 400 1,650 Married filing separately 12,400 1,300 *For individuals claimed as a dependent on another return, the 2020 standard deduction is the greater of (1) S1,100 or (2) $350 plus earned income not to exceed the standard deduction amount of those who are not Which of the following is deductible as an other itemized deduction? Multiple Choice Gambling losses to the extent of gambling winnings Fees for investment advice Employee business expenses Tax preparation fees All of these choices are correct. Which of the following costs are deductible as an itemized medical expense? Multiple Choice The cost of prescription medicine and over-the-counter drugs Medical expenses incurred to prevent disease The cost of elective cosmetic surgery Medical expenses reimbursed by health insurance None of these costs are deductibleStep by Step Solution
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