2. Determining Tax Deductions. If Lola Harper had the following itemized deductions, should she use Schedule A

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2. Determining Tax Deductions. 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 $5,450. (Obj. 2)

Donations to church and other charities, $1,980 Medical and dental expenses exceeding 7.5 percent of adjusted gross income, $430 State income tax, $690 Job-related expenses exceeding 2 percent of adjusted gross income, $1,610 136

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Personal Finance

ISBN: 9780073530697

10th Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes

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