Shauna Coleman is single. She is employed as an architectural designer for Streamline Design (SD)....

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Accounting

Shauna Coleman is single. She is employed as an architectural designer for Streamline Design (SD). Shauna wanted to determine her taxable income for this year. She correctly calculated her AGI. However, she wasn't sure how to compute the rest of her taxable income. She provided the following information with hopes that you could use it to determine her taxable income for 2023.
a. Shauna paid $4,696 for medical expenses for care from a broken ankle in October. Also, Shauna's boyfriend, Blake, drove Shauna (in her car) a total of 115 miles to the doctor's office so she could receive care for her broken ankle.
b. Shauna paid a total of $3,440 in health insurance premiums during the year (not through an exchange). SD did not reimburse any of this expense. Besides the health insurance premiums and the medical expenses for her broken ankle, Shauna had Lasik eye surgery last year and paid $3,040 for the surgery (she received no insurance reimbursement). She also incurred $466 of other medical expenses for the year.
c. SD withheld $1,840 of state income tax, $7,535 of Social Security tax, and $14,660 of federal income tax from Shauna's paychecks throughout the year.
d. In 2023, Shauna was due a refund of $266 for overpaying her 2022 state taxes. On her 2022 state tax return that she filed in April 2023, she applied the overpayment toward her 2023 state tax liability. She estimated that her state tax liability for 2023 will be $2,340.
e. Shauna paid $3,240 of property taxes on her personal residence. She also paid $516 to the developer of her subdivision because he had to replace the sidewalk in certain areas of the subdivision.
f. Shauna paid a $216 property tax based on the state's estimate of the value of her car.
g. Shauna has a home mortgage loan in the amount of $228,000 that she secured when she purchased her home. The home is worth about $408,000. Shauna paid interest of $12,460 on the loan this year.
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