QuestionAugust 3, 2025

Question 4 of 6 Maria has collected her receipts and needs to decide whether to take a standard or itemized deduction. Which answer choice best explains to Maria which type of deduction to claim? Select a response. She should claim the itemized deduction because she has receipts. She should claim the standard deduction because it is usually more accurate. She should check her tax bracket status to see what works best for her. She should claim the deduction with the higher value.

Question 4 of 6 Maria has collected her receipts and needs to decide whether to take a standard or itemized deduction. Which answer choice best explains to Maria which type of deduction to claim? Select a response. She should claim the itemized deduction because she has receipts. She should claim the standard deduction because it is usually more accurate. She should check her tax bracket status to see what works best for her. She should claim the deduction with the higher value.
Question 4 of 6 Maria has collected her receipts and needs to decide whether to take a standard or itemized deduction. Which answer choice best explains to Maria which type of deduction to claim? Select a response. She should claim the itemized deduction because she has receipts. She should claim the standard deduction because it is usually more accurate. She should check her tax bracket status to see what works best for her. She should claim the deduction with the higher value.

Solution
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Answer

She should claim the deduction with the higher value. Explanation 1. Identify the purpose of deductions Deductions reduce taxable income. The goal is to choose the deduction that maximizes this reduction. 2. Compare standard vs. itemized deduction Standard deduction is a fixed amount; itemized deduction is based on actual expenses. 3. Determine which deduction to claim Choose the deduction with the higher value for maximum tax benefit.

Explanation

1. Identify the purpose of deductions<br /> Deductions reduce taxable income. The goal is to choose the deduction that maximizes this reduction.<br />2. Compare standard vs. itemized deduction<br /> Standard deduction is a fixed amount; itemized deduction is based on actual expenses.<br />3. Determine which deduction to claim<br /> Choose the deduction with the higher value for maximum tax benefit.
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