Question: solve Question 40 7.5 Analyze deductions and recommend whether to use Secure answer choices eo 00:02:46 IN Show more Taxpayer A is single. Below are

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Question 40 7.5 Analyze deductions and recommend whether to use Secure answer choices eo 00:02:46 IN Show more Taxpayer A is single. Below are facts to consider: - AGI of $82,000 - Current Year Standard Deduction is $13,850 - Had out of pocket medical expenses of $4,150 - Contributed $2,000 to a qualified charitable organization - Paid State local taxes of $7,500 - Paid Real estate taxes of $4,250 In analyzing the deductions for the current year, should Taxpayer A use the standard or itemized deductions? v The taxpayer should use the standard deduction, as it reduces taxable income more for Taxpayer A. o Yes No

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