Question: Pat is trying to decide whether to itemize deductions when he files federal income tax this year, or to take the standard deduction.He is eligible
Pat is trying to decide whether to itemize deductions when he files federal income tax this year, or to take the standard deduction.He is eligible for a standard deduction of $5,350.His deductible expenditures are $1460 for medical expenses, $580 for unreimbursed business expenses, $1200 in donations to the soup kitchen, and $2250 for local taxes.Which option do you recommend he take?
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