Buddy Slaton Has Only One Itemized Deduction Item,the $3,000 He

question 67

Multiple Choice

Buddy Slaton has only one itemized deduction item,the $3,000 he gave to his church.His standard deduction this year is $6,100,and he is in the 15% marginal tax bracket.How much will his contribution to the church save Buddy in taxes this year?

• A) $4,400
• B) $3,000
• C) $660
• D) $450
• E) $0

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