You are trying to decide whether to use the? $12,200 standarddeduction or your itemized deductions? (Schedule A) on your Form?1040, Line 9. Here is your? information:

Adjusted Gross Income? ? $40,000

MedicalExpenses                                     

???????????????????????????????????$15,000

Interest on Student? Loan $2,000

Interest on Home? Mortgage $3,000

State and Local Income Taxes? Paid $1,500

Charitable Gifts? (in total) $1,000

Which deduction should you? choose?

A

Itemized Deduction of? $17,500

B.

Itemized Deduction of? $10,500

C.

Itemized Deduction of? $22,500

D.

Standard Deduction of? $12,200