$17)$ For tax year $2022,$ you and your spouse are both $42$ years old and are filing as MFJ with a $19$ year old dependent in the first year of college. You have w$-2$ income, as well as capital gains. You also claim educational expenses, as well as medical and charitable deductions. Your total medical expense is $$12$K$,$ and charitable contributions are $$5$K$.$ W$-2$ income is $$83500$ and capital gains are $$15$K$,$ all long term. You receive a $1098-$T from your dependents educational institution, which lists scholarships of $$18$K and qualified expenses of $$10$K$.$ Is the following statement correct about this scenario?

a$)$ The long term capital gain is taxed at ordinary rates

b$)$ You take the standard deduction and your taxable income equals $$72600$

$20)$ A taxpayer does not live abroad; however, they paid taxes foreign investment income. Additionally, the taxpayer earned income from a foreign business. Is the following statement correct in this situation?

a$)$ The taxpayer will need to file separate Forms $1116$ for their passive and general category income

b$)$ The taxpayer carry$-$forward or carry$-$back any foreign tax paid that they were unable to claim due to limits

c$)$ The taxpayer may take either a deduction or credit on their US Form $1040$ for foreign paid

d$)$ Both sources of the taxpayers foreign income fall under the passive income category

e$)$ The taxpayer may not take a deduction or credit on income that is not included on their US Form $1040$

f$)$ If the taxpayers filling status is Single, and they paid more than $$300$ in foreign tax, they are required to file Form $1116$ to claim the credit

$24)$ A married couple filing jointly is currently taking the standard deduction. They paid state income tax during the tax year $2022$ is the amount of $$35$K$.$ They have no other itemized deductions. Is the following statement accurate about whether they should itemize on their federal US $1040?$

a$)$ They should no itemize because state income tax is limited

b$)$ They can possibly itemize; it will depend on their income

c$)$ They should itemize, because the state tax paid is higher than the standard deduction