If Lola Harper had the following itemized deductions, should she use Schedule A or the standard deduction?
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If Lola Harper had the following itemized deductions, should she use Schedule A or the standard deduction? The standard deduction for her tax situation is $12,550.
1. Donations to church and other charities, $6,050 2. Medical and dental expenses exceeding 7.5% percent of adjusted gross income, $2,400.
3. State income tax, $4,690
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Personal Finance
ISBN: 9781264101597
14th Edition
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
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