You are trying to decide whether to use the $12,950 standard deduction or your itemized deductions (Schedule A) on your Form 1040. Here is your information: Which deduction should you choose? A. Itemized Deduction of $52,500 B. Itemized Deduction of $12,500 C. Standard Deduction of $12,950 D. Itemized Deduction of $7,500