PROBLEMS
During the year George Gable, age and his wife, age incurred and paid the following
medical expenses for which they received no reimbursement:
George also paid $ for prescription drugs for his brother, age who would have
qualified as George's dependent under pre rules. Assuming the Gables' adjusted gross
income for the year was $ what is the amount that they may claim as medical
deduction on a joint return?
The following taxes were paid by the Allens in the current year: real estate taxes on their
home, $; state income taxes, $; city sales tax, $; and state gasoline tax
personal use of automobile $ In itemizing their deductions, what is the maximum
amount that the Allens may claim as a deduction for taxes?
How much of the following could Diana Collier deduct as an itemized deduction?
John Jones incurred the following interest items for the current year:
He earned $ in investment income from the investments. What is his itemized interest
deduction?
Which of the following interest expenses are deductible on a federal income tax return?
Please show the work and explain the answer
