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Should Danlel Itemize or Take the Standard Deduction

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bhanupreetkaur1

Danlel is a 38-year-old single man who had $12,950 standard deduction for 2022. As Danlel's total itemized deductions were less than the standard deduction amount, taking the standard deduction of $12,950 would be more beneficial for him than itemizing his deductions.

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Danlel, age 38 , Is single and has the following Income and expenses In 2022 : Danlel's standard deduction for 2022 Is $12,950. b. Should Danlel itemize his deductions from AGI or take the standard deductlon? Because Danlel's total Itemized deductions (after any IImitations) are $ he would benefit from

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  • 1. Danlel, age 38 , Is single and has the following Income and expenses In 2022 : Danlel's standard deduction for 2022 Is $12,950. b. Should Danlel itemize his deductions from AGI or take the standard deductlon? Because Danlel's total Itemized deductions (after any IImitations) are $ he would benefit from