Which of the following statements are True? All of the other choices are false A taxpayer deducts both the standard deduction or itemized deduction for the year A taxpayer deducts either the standard deduction or itemized deduction for the year. The standard deduction is the same of all taxpayers Question 6 Andrew, who is single, has $95,000 of salary, $70,000 of passive income from an investment, and a $85,000 passive loss from another investment. How much of the passive loss is deductible? None of the other choices $60,000 $0 $95,000 $70,000 Which of the following statements are True? All of the other choices are false A taxpayer deducts both the standard deduction or itemized deduction for the year A taxpayer deducts either the standard deduction or itemized deduction for the year. The standard deduction is the same of all taxpayers Question 6 Andrew, who is single, has $95,000 of salary, $70,000 of passive income from an investment, and a $85,000 passive loss from another investment. How much of the passive loss is deductible? None of the other choices $60,000 $0 $95,000 $70,000