Question: In choosing between the standard deduction and itemizing deductions from AGI, what effect, if any, does each of the following have? a . The age
In choosing between the standard deduction and itemizing deductions from AGI, what effect, if any, does each of the following have?
aThe age of the taxpayers
The age of the taxpayer
may favor itemizing deductionmay favor the standard deduction
if the taxpayer is age or older.
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bThe health ie physical condition of the taxpayer.
If the taxpayer is blind,
an additional itemized deduction is availablean additional standard deduction is available
Question Content Area
cWhether taxpayers rent or own their residence.
If the taxpayer is still making house payments, the interest deduction may make
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