Chris and Winsome are married and filed their taxes as married filing jointly. While filing...
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Accounting
Chris and Winsome are married and filed their taxes as married filing jointly. While filing their taxes, they determined that their total itemized deduction is $20,000. Chris and Winsome should
A. claim their itemized deduction for $20,000.
B. take the standard deduction since it is greater than their itemized deduction.
C. change their filing status to head of household so they can get a $36,000 deduction.
D. claim both their itemized and standard deduction.
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