Ask Question
22 June, 04:25

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?

+1
Answers (2)
  1. 22 June, 04:27
    0
    He should use the standard deduction if it's more than the itemized deductions. Is 5700 more than 4590 + 1230?
  2. 22 June, 04:46
    0
    No because it is less than the deduction he would get from itemizing.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “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 ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers