Question: Problem 6 - 3 4 ( Algorithmic ) ( LO . 1 ) Daniel, age 3 8 , is single and has the following income

Problem 6-34(Algorithmic)(LO.1)
Daniel, age 38, is single and has the following income and expenses in 2024:
Daniel's standard deduction for 2024 is \(\$ 14,600\). a. Classify the following expenses as either "Deductible for AGI", "Deductible from AGI", or "Not deductible".
What is Daniel's gross income and his AGI?
Gross income: \$
AGI: \$ b. Should Daniel itemize his deductions from AGI or take the standard deduction?
Because Daniel's total itemized deductions (after any limitations) are \(\$ \), he would benefit from itemizing his deductions \(\checkmark \checkmark \).
Problem 6 - 3 4 ( Algorithmic ) ( LO . 1 )

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