Practice Quiz

RTRP - IRS Registered Tax Return Preparer Test

Category - IRS RTRP

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A taxpayer should itemize deductions if the taxpayer’s total itemized deductions are...
  1. less than the taxpayer’s interest income
  2. more than the taxpayer’s standard deduction
  3. equal to the taxpayer’s self employment tax
  4. double the taxpayer’s unemployment compensation
Explanation
Answer: B - More than the taxpayer’s standard deduction
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