Jenny and Ben are married and filing their taxes together. T…
Jenny and Ben are married and filing their taxes together. They have an adjusted gross income of $79,000 and are trying to decide whether to take the standard deduction or itemize their deductions for the year 2025. Based on their expenses, would you recommend they take the standard or itemized deduction? What would their taxable income be with that deduction? Paid $4,000 in home mortgage interest Contributed $5,000 to a Traditional IRA Paid $8,600 in tithes and offerings Paid $1,300 in property taxes Paid $2,000 in state taxes Paid $10,000 for an emergency surgery Paid $4,000 for their oldest child’s braces
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