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Paul and Sonja, who are married, had itemized deductions of $13,480 and $7,550, respectively, during 2022. Paul suggests that they file separately-he will itemize
Paul and Sonja, who are married, had itemized deductions of $13,480 and $7,550, respectively, during 2022. Paul suggests that they file separately-he will itemize his deductions from AGI, and she will claim the standard deduction. a. Is Paul's suggestion correct? b. What should they do to ensure the maximum tax benefit?
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