Business, 20.03.2020 23:45 mazielynn84
Assume someone (age 35) is married. Combined, they make $100,000, and own a house on which they owe $200,000. They give 10% of their income to charity, pay 6% interest on their mortgage (they have an interest-only loan and have made no principal reductions), $3,000 in real estate taxes, and had $6,000 in medical expenses. Would they be better off to use the standard deduction or itemize?
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Assume someone (age 35) is married. Combined, they make $100,000, and own a house on which they owe...
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