1 Carlin is a single taxpayer who itemizes deductions on the 2019 federal income tax return. For each of the items in the table below, identify the proper tax treatment by selecting the appropriate response from the option list provided. A tax treatment may be selected once, more than once, or not at all. 1 A Tax Items 2 Carlin paid $500 of interest on qualified education loans. Carlin had a $30,000 cash contribution carryover from the previous 3 year's cash donation to the American Red Cross. Carlin made no additional charitable contributions in the current year. 4 5 6 7 Carlin had interest expense of $700 on a loan to purchase investment assets of $1,000 and net investment income for the year of $1,200. Carlin's lottery ticket losses were $850 and gambling winnings for the year were $950. Carlin paid $2,500 in real property taxes on a vacation home, which was used exclusively for personal use. Carlin paid a $1,000 premium for a homeowner's insurance policy on the taxpayer's principal residence. Carlin paid $3,600 in real property taxes on residential rental property 8 and reported $24,000 of rental income and $12,900 of other expenses. There was no personal use of the rental property. 9 Carlin's personal residence was sold at a $25,000 loss. B Tax Treatment EE Select an option below O Deductible in full as a deduction toward adjusted gross income on Form 1040 O Deductible in full on Schedule A-Itemized Deductions O Deductible on Schedule A-Itemized Deductions, subject to a limitation of 60% of adjusted gross income O Deductible on Schedule A-Itemized Deductions, subject to a limitation of 10% of adjusted gross income O Deductible on Schedule A-Itemized Deductions, subject to a limitation of 7.5% of adjusted gross income O Deductible on Schedule E-Supplemental Income and Loss Not deductible on Form 1040 RESET CANCEL ACCEPT 10 Carlin performed free legal services for the parish church. The estimated value of the services was $800. 11 While performing the legal services for the church, Carlin incurred $50 of expenses for software utilized in performing the services. E