Bernita (70) and Bob (72), have an AGI of $41,000, and are filing jointly. They had the following expenses: Medical insurance premiums: $300/month Total in prescriptions: $150/month Total in co-pays for doctor visits: $575 State and local income taxes: $2,500 Mortgage interest: $6,500 Real estate taxes: $2,150 Cash donation to Colorado Coalition for the Homeless: $75/month Cash donation to Amnesty International: 

$500 Is it more beneficial for Bernita and Bob to use the standard deduction or itemized deductions?

Answer rating: 100% (QA)

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