This year Norma paid $1,200 of real estate taxes on her personal residence.Norma's other itemized deductions (state income taxes) only amount to $3,100.Which of the following is a true statement if Norma files single with one personal exemption?
A) Norma can deduct 4,300 for AGI.
B) Norma should deduct $1,200 even if her standard deduction is $6,350.
C) Norma should deduct $4,300 even if her standard deduction is $6,350.
D) Norma should deduct $3,100 even if her standard deduction is $6,350.
E) Norma should claim the standard deduction.
Correct Answer:
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