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Jan, a single taxpayer, has adjusted gross income of $127,000, medical expenses of $10,000, home mortgage interest of $3,000, property taxes of $2,000, and miscellaneous

Jan, a single taxpayer, has adjusted gross income of $127,000, medical expenses of $10,000, home mortgage interest of $3,000, property taxes of $2,000, and miscellaneous itemized deductions of $3,500

A. Calculate Jan's itemeized deductions. (Enter a "0" for amounts with a zero balance. Assume Jan is under 65 and the tax year is 2014.)

Itemized Deductions

Medical Expenses

Home mortgage Interest

Property taxes

Misc itemized deductions

Total Itemized deductions

Standard Deduction

Jan should claim the __________________________ because it results in a larger deduction

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