Question 2 • FL-2102373-Personal Finance and Money Management Honors
Brian is calculating his tax deductions. He finds that he can deduct $1,225 as a result of money given to charity, $4,391 from interest paid on his mortgage, and $2,821 from what he paid in state and local taxes. What is Brian’s total deduction?
Answer
$
$8,437
$
$8,383
$
$6,414
$
$5,700
Explanation
Add the three deductions: $1,225 + $4,391 + $2,821 = $8,437. Brian’s total deduction is $8,437, which is choice A.
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