Mathematics, 30.10.2021 04:10 dleflore80

QUESTION 6 10 points
Sav
Rico is entitled to a $6,250 standard deduction because he is single.
Rico had the following tax deductible expenses last year: $500 donation to charity, $1200 in unreimbursed business expenses,
$1800 in state and local taxes, and $900 in school supplies.
Rico has to choose between his standard deduction and his itemized deduction, and he knows it is best to use the larger deduction.
How much of a deduction will Rico take?
(do not include the $ symbol in your answer)

Answers: 1

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QUESTION 6 10 points
Sav
Rico is entitled to a $6,250 standard deduction because he is...