Buddy Slaton has only one itemized deduction item,the $3,000 he gave to his church.His standard deduction this year is $5,450,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
Correct Answer:
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