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465 | Jonathan Returns: Upside Down Economics and the Priceless Value of a Great Question

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Understanding the Standard Deduction and Itemized Deductions for Married Couples

This chapter explores the concept of the standard deduction and its effect on itemized deductions for married individuals. It discusses when it is advantageous to take the standard deduction instead of itemizing, emphasizing the significance of charitable contributions and the utilization of donor advice funds to optimize tax deductions, particularly through the contribution of appreciated stock.

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