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Molly, who is a single taxpayer, is not sure if she should use a standard deduction or itemize deductions. Mollys AGI for 2023 is $150,000.
Molly, who is a single taxpayer, is not sure if she should use a standard deduction or itemize deductions. Mollys AGI for 2023 is $150,000. She incurred the following expenses and losses during the year: Interest paid on a home equity loan (loan was used to remodel the kitchen): $2,000 Interest paid on a car loan: 2,600 Interest paid on her credit cards: 2,500 Student loan interest: 1,500
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