Jonathan is a single taxpayer. His taxable income before deductions was $63,110. He was able to reduce his taxable income by $10,312 when he filled out Schedule
A and Schedule 1.
a. How much did he save in tax by using Schedule A?
b. Johathan saved all of his receipts in a folder with different sections labelled with the Schedule A and Schedule 1 categories. During the year he filed all applicable
receipts into this folder, so it only took him 2 hours to total the receipts for each category and fill out Schedule A and Schedule 1. How much did he save per hour?



Answer :

Other Questions