Question: 1 7 . Oscar and Ruth file a joint return for 2 0 2 4 . Their only valid itemized deduction is a charitable contribution

17. Oscar and Ruth file a joint return for 2024. Their only valid itemized deduction is a charitable contribution of $30,000 to the American Cancer Society. They want to know if they should claim the standard deduction or itemize their deductions. (The standard deduction amount for married filing jointly for 2024 is $29,200.)
a. They cannot itemize their deductions because they only have one category of itemized deductions b. They should itemize their deductions because it exceeds the standard deduction for 2024.
c. They should claim the standard deduction because married taxpayers can claim a double standard of $29,200 for each spouse
d. It does not make a difference because itemized deductions for 2024 is limited to the $29,200 standard deduction

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