Scenario: Frank and Wanda Munoz (MFJ) filed their 2019 tax return on February 3, 2020, and took the standard deduction.

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answerhappygod
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Scenario: Frank and Wanda Munoz (MFJ) filed their 2019 tax return on February 3, 2020, and took the standard deduction.

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Scenario: Frank and Wanda Munoz (MFJ)filed their 2019 tax return on February 3, 2020, and took thestandard deduction. They realized in March 2020 that they shouldhave taken the itemized deduction. Can Frank and Wanda change theirelection to itemized deduction once a return has beenfiled?
1. Review Regulation §1.63-1 of the Internal RevenueCode.
2. Review the Owl website on how to write a businessletter. Review sample business letters.
3. Write a one-page letter to the Munozs in response to theirquestion. Your letter should include the following:
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