70.2k views
5 votes
Chris is calculating his deductions for his tax return. He is filing singly. He can claim $1,813 from property taxes, $1,513 from medical expenses, and $761 from state income tax. The standard deduction for a single filer is $5,700. How does the standard deduction compare to Chris’s deductions?

User Simultsop
by
8.3k points

2 Answers

1 vote

Answer:

c. the standard deduction is $1,613 better than chris's deductions

Step-by-step explanation:

just took the test and got it correct

User Korey Hinton
by
8.5k points
5 votes

Answer:

The $1,613 would be better than the Chris total deduction

Step-by-step explanation:

For comparing the standard deduction with the Chris, deductions, first we have to compute the Chris total deduction which is shown below:

Chris total deductions = Property taxes + Medical expenses + state income tax

= $1,813 + $1,513 + $761

= $4,087

And, the standard deduction is $5,700

So, the difference would be $1,613 would be better than the Chris total deduction

User Alex Bliskovsky
by
8.7k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.