Question
Which of the following is NOT a true statement? a. An increase in AGI always means you pay more taxes. b. A decrease in AGI
Which of the following is NOT a true statement?
| a. | An increase in AGI always means you pay more taxes.
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| b. | A decrease in AGI may increase the amount of medical expenses that may be deducted
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| c. | A persons marital status on December 31 determines her filing status as married or single.
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| d. | Since the TCJA of 2017, the majority of taxpayers choose the standard deduction.
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Financial Accounting
Authors: Michelle Hanlon, Robert Magee, Glenn Pfeiffer, Thomas Dyckman
5th Edition
1618531654, 9781618531650
