mr. and mrs. nedage are filing a joint tax return. while listing their deductions, they find that they can…

mr. and mrs. nedage are filing a joint tax return. while listing their deductions, they find that they can deduct $2,150 from medical bills, $826 from state taxes, $3,133 from charitable donations, and $1,331 from interest on their mortgage. the standard deduction for married couples filing jointly is $8,350. how does the standard deduction compare to the nedages deductions? the nedages deductions are $1,740 better than the standard deduction. the nedages deductions are $7,440 better than the standard deduction. the standard deduction is $910 better than the nedages deductions. the standard deduction is $9,260 better than the nedages deductions.
Answer
Explanation:
Step1: Calcular deducciones de los Nedage
Sumamos todas las deducciones individuales: $2150 + 826+3133 + 1331=$7440$.
Step2: Comparar con deducción estándar
Restamos las deducciones de los Nedage de la deducción estándar: $8350 - 7440=$910$. Esto significa que la deducción estándar es mejor que las deducciones de los Nedage.
Answer:
The standard deduction is $910 better than the Nedages' deductions.