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Svetradugi [14.3K]
2 years ago
7

Chris is calculating his deductions for his tax return. He is filing singly. He can claim $1,813 from property taxes, $1,513 fro

m medical expenses, and $761 from state income tax. The standard deduction for a single filer is $5,700. How does the standard deduction compare to Chris’s deductions? a. Chris’s deductions are $1,437 better than the standard deduction. b. Chris’s deductions are $4,087 better than the standard deduction. c. The standard deduction is $1,613 better than Chris’s deductions. d. The standard deduction is $664 better than Chris’s deductions.
Mathematics
2 answers:
kumpel [21]2 years ago
8 0

Answer:

(C)

Step-by-step explanation:

Chris's deductions for tax return = claim from property taxes +claim from medical expenses+claim form state income tax

              = $1813+$1513+$761

              = $4087

Standard deductions = $5700

Difference between standard deduction and Chris's deductions = 5700-408

                                                                  = $1613

Hence standard deductions is better than Chris's deductions by $1613

Therefore, option (C) is correct.

dimulka [17.4K]2 years ago
3 0
You add
1,813 + 1,513 + 761 = 4,087
Then you subtract
5,700 - 4,087 = 1,613
It's C. The standard deduction is $1,613 better than Chris's deductions
I just took the test.
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