asked 171k views
3 votes
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?

2 Answers

1 vote
He should use the standard deduction if it's more than the itemized deductions. Is 5700 more than 4590 + 1230 ?
answered
User Azade Farshad
by
8.3k points
2 votes
No because it is less than the deduction he would get from itemizing.
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.