Silvia is a single individual who has an income of $80,000. Todd is a single individual who has an income of $35,000. Neither of them itemizes their deductions. Both taxpayers will take a standard deduction of $12,200 in 2019. The concept that allows both Silvia and Todd to take this deduction is the:
A. capital recovery concept.
B. administrative convenience concept.
C. entity concept.
D. wherewithal-to-pay concept.
E. pay-as-you-go concept.
Answer: B
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