If Samantha Jones had the following itemized deductions, should she use Schedule A or the standard deduction The standard deduction for her tax situation is $12,400 Donations to church and other charities, Medical and dental expenses exceeding 10 percent of adjusted gross income, Mortgage interest,...

If Samantha Jones had the following itemized deductions, should she use Schedule A or the standard deduction?

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If Samantha Jones had the following itemized deductions, should she use Schedule A or the standard deduction? The standard deduction for her tax situation is $12,400.

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Focus On Personal Finance

ISBN: 9781265521974

7th Edition

Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Melissa Hart

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Question Posted: Jun 02, 2022 08:25 AM

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If Samantha Jones had the following itemized deductions, should she use Schedule A or the standard deduction?

Question:

Donations to church and other charities, Medical and dental expenses exceeding 10 percent of adjusted gross income, Mortgage interest, State income tax, $5,050 $2,450 $3,100 $2,920

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The standard deductio...View the full answer

Focus On Personal Finance

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