2. Perla, age 67 and single, paid home mortgage interest of $6,000, charitable contributions of $2,000 and property taxes of $3,000 in 2020. He has no dependents. Perla will claim a deduction from AGI of _____. (explain your answer) A) $14,050 B) $16,650 C) $16,100 D) $15,000

3. Ozzie and Harriet Tyler have two children ages 16 and 19. The 19-year-old is disabled and is a dependent. Their modified AGI is $108,000. What is the total amount of the child tax credit and credit for other dependents to which they are entitled? (explain your answer) A) $0 B) $2,000 C) $2,500 D) $4,000

4. Rob and Laura have two dependent children ages 11 and 14. Their modified AGI is $425,000. What is the amount of the child tax credit to which they are entitled? (explain your answer) A) $0 B) $500 C) $2,750 D) $4,000

5. Nick, who is single, is claimed as a dependent by his parents. He received $1,500 during the year in dividends, which was his only income. What is his standard deduction for 2020? (explain your answer) A) $1,100 B) $1,500 C) $2,350 D) $12,400