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4 April, 06:22

Standard deduction on federal income tax return for single taxpayers is 5700 Fletcher an unmade custodian paid 3980 in state income tax in 2460 in mortgage interest last year how should he file his taxes

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Answers (2)
  1. 4 April, 06:24
    0
    Step-by-step explanation:

    The standard deduction reduces your taxable income in the fiscal year.

    Now in order to claim the tax return it depends on your file status (single or married/dependencies' etc) and how have you filed your taxes.

    In the given case, Fletcher needs to file each tax separately against the standard tax deduction page;

    Tax paid in state income = 3980

    Tax paid on mortgage interest = 2460
  2. 4 April, 06:44
    0
    By itemizing his deductions

    explanation:

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