Question: spain In choosing between taking the standard deduction and itemizing deductions from AGI, what effect, if any, does each of the following have? The age
spain
In choosing between taking the standard deduction and itemizing deductions from AGI, what effect, if any, does each of the following have?
- The age of the taxpayer(s).
- The health (i.e., physical condition) of the taxpayer.
- Whether taxpayers rent or own their residence.
- Taxpayers filing status (e.g., single, married, filing jointly).
- Whether married taxpayers decide to file separate returns.
- The number of dependents the taxpayer can claim.
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