Question
Lisa is single, is not claimed as a dependent, and has the following expenses: mortgage interest of $2800; charitable contributions of $560; state and local
Lisa is single, is not claimed as a dependent, and has the following expenses: mortgage interest of $2800; charitable contributions of $560; state and local taxes of $2080. What is the amount of Lisa’s itemized or standard deduction that she can claim on her tax return. Choose the higher amount.
A. $12000.
B. $6389.
C. $5440.
D. None of these answer
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
