If Samantha Jones had the following itemized deductions, should she use Schedule A or the standard deduction?
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If Samantha Jones had the following itemized deductions, should she use Schedule A or the standard deduction? The standard deduction for her tax situation is $6,200.
Donations to church and other charities, $3,050
Medical and dental expenses exceeding 10 percent of adjusted gross income, $450
State income tax, $920
Job-related expenses exceeding 2 percent of adjusted gross income, $1,450
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Related Book For
Focus On Personal Finance
ISBN: 9780077861742
5th Edition
Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart
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