Why might someone choose to use itemized deductions instead of taking the standard deduction offered by the IRS?
A) It is easier to calculate your itemized deductions versus the standard deduction.
B) You may have a lower tax liability if you itemize instead of using the standard deduction.
C) Married taxpayers must use the itemized deductions only.
D) Most computer tax software automatically itemizes deductions.
E) both B and C are correct.
Answer: B
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