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In choosing between taking the standard deduction and itemizing deductions from AGI, what effect, if any, does each of the following have? 1. The age
In choosing between taking the standard deduction and itemizing deductions from AGI, what effect, if any, does each of the following have?
In choosing between taking the standard deduction and itemizing deductions from AGI, what effect, if any, does each of the following have? 1. The age of the taxpayer(s) 2 The health (.e., physical condition) of the taxpayer. 3. Whether taxpayers rent or own their residence. 4. Taxpayer's filing status (eg, single, married, filing jointly). 5. Whether married taxpayers decide to file separate returns. 6. The number of dependents the taxpayer can claim 1. The age the taxpayer(s)
2. The health (i.e. physical condition) of the taxpayer
3. Whether taxpayers rent or own their residence
4. Taxpayer's status (e.g.) single, married, filing jointly)
5. Whether married taxpayers decide to file separate retums.
6. The number of dependents the taxpayer can claim
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