Question
Please see also the following: 2017 Schedule A 2019 Schedule A 2019 Schedule A instructions Compare the 2017 and 2019 Schedule As. 2c. Assume the
Please see also the following:
2017 Schedule A
2019 Schedule A
2019 Schedule A instructions
Compare the 2017 and 2019 Schedule As.
2c. Assume the taxpayer is married filing jointly, what is the interest deduction? (please provide a numeric answer/calculation)
3b. Assume the taxpayer is married filing jointly, what is the interest deduction?
5. As a result of the TCJA (Tax Cuts and Jobs Act of 2017), more taxpayers will take the standard deduction over the itemized deductions. State three reasons for this. Two reasons are based on the work you did in this assignment. The third reason has to do with the size of the standard deduction (see Forms 1040 for 2017 and 2019; be specific).
5a. Reason 1
5b Reason 2
5c Reason 3
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