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1. Which of the following statements regarding exemption amounts is true? Select one: a. An...

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Accounting

1. Which of the following statements regarding exemption amounts is true? Select one: a. An exemption is taken for the taxpayer only. b. the exemption amount for 2017 is $4050. c. Exemptions can be taken for the taxpayer and spouse, but not each dependent. d. An exemption can only be taken once per tax return.

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