contestada

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? a. chris’s deductions are $1,437 more than the standard deduction. b. chris’s deductions are $2,087 less than the standard deduction. c. the standard deduction is $1,613 more than chris’s deductions. d. the standard deduction is $664 less than chris’s deductions.

Respuesta :

shubhamchouhanvrVT

The correct answer will be option c the standard deduction is $1,613 more than chris’s deductions.

What is tax?

Tax is a compulsory contribution to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions.

Chris's deductions for tax return = claim from property taxes +claim from medical expenses+claim form state income tax

= $1813+$1513+$76

= $4087

Standard deductions = $5700

Difference between standard deduction and Chris's deductions

= 5700-408

= $1613

Hence standard deductions is better than Chris's deductions by $1613

To know more about Tax follow

https://brainly.com/question/25783927

Otras preguntas