Should they itemize deductions or use standard deduction

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Reference no: EM133931855

Problem

Emily and Paula are married and will file a joint return. The standard deduction for their filing status is $27,700. They have the following itemized deductions:(Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Medical bills above the 7.5% limit$400 Mortgage Interest 3,500 State income taxes 1,500 Charitable contributions 250. Get the instant assignment help. Should they itemize their deductions or use the standard deduction?

Reference no: EM133931855

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