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22 May, 03:51

Stanley's standard deduction on his federal income tax return is $5700 if he paid $4590 in state taxes and $1230 in mortgage interest last year should he use his standard deduction?

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Answers (2)
  1. 22 May, 05:08
    0
    He should use the standard deduction if it's more than the itemized deductions. Is 5700 more than 4590 + 1230?
  2. 22 May, 07:39
    0
    No because it is less than the deduction he would get from itemizing.
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