Question
1. What is the net long term capital gain reported on Joanne's Schedule D? 2. Which of the following can be claimed as a business
1. What is the net long term capital gain reported on Joanne's Schedule D?
2. Which of the following can be claimed as a business expense on Joanne's Schedule C?
3. What is the amount Joanne can take as a student loan interest deduction on her Form 1040, Schedule 1? $__________________
4. What is the amount of Joanne's lifetime learning credit? $_______________
5. Joanne will have to pay $________ additional tax because she received the early distribution from her IRA.
6. Joanne's net long-term capital gain reported on Schedule D is $_______.
7. How many miles can Joanne use to calculate her standard mileage deduction? ______________
8. What is Joanne's additional 10% tax on the early withdrawal from her IRA?
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