If Lola Harper had the following itemized deductions, should she use Schedule A or the standard deduction? The standard deduction for her tax situation is $12,550. Tax Deductions Donations to church and other charities Medical and dental expenses exceeding 7.5 percent of adjusted gross income State income tax Lola Harper should use the of $6,150 2,600 4,790

If Lola Harper had the following itemized deductions, should she use Schedule A or the standard deduction? The standard deduction for her tax situation is $12,550. Tax Deductions Donations to church and other charities Medical and dental expenses exceeding 7.5 percent of adjusted gross income State income tax Lola Harper should use the of $6,150 2,600 4,790

SWFT Individual Income Taxes

43rd Edition

ISBN:9780357391365

Author:YOUNG

Publisher:YOUNG

Chapter12: Alternative Minimum Tax

Section: Chapter Questions

Problem 26P

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If Lola Harper had the following itemized deductions, should she use Schedule A or the standard deduction? The standard deduction for her tax situation is $12,550. Tax Deductions Donations to church and other charities Medical and dental expenses exceeding 7.5 percent of adjusted gross income State income tax X Answer is complete but not entirely correct. of $ Lola Harper should use the itemized deduction 12,550 $6,170 2,640 4,810
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