$5.$ Melvin made the following charitable contributions during the year. What is his charitable deduction on his Schedule A if his adjusted gross income is $$50,000?$

$$50$ to Boy Scouts of America

$$150$ to Oxford University in England

$$100$ to the Society for the Prevention of Cruelty to Animals

$$500$ to State University

Group of answer choices

$$600$

$$650$

$$700$

$$800$

$6.$ Your client is an employee at ABC, Inc and makes $$60,000/$year$.$ The client is single and the client's other income includes $$3,000$ of interest income, $$10,000$ of rental income and $$7,000$ of rental expenses. The client has no other deductions to claim. The client would like to contribute to the client's company$$s $401($k$)$ plan. If the client contributes $10\%$ of the client's salary to the plan, how much will the client save in federal taxes each year?

Group of answer choices

$$720$

$$1,320$

$$1,440$

$$1,779$

$7.$ A client donated a painting to the client's local art museum that she purchased many years ago. The painting had an adjusted basis of $$80,000$ and a fair market value of $$500,000.$ The client's AGI is currently $$100,000$ and she expects that to remain consistent for $15$ years. How much should the client deduct for the donation on the client tax return?

Group of answer choices

$$30,000$

$$50,000$

$$80,000$

$$100,000$

$8.$ An individual is the $100\%$ owner of an S corporation, the individual$$s Designs, and also performs services for the business. The information for the S corporation is below:

Revenue from sales: $$200,000$

Rental income: $$30,000$

Salary to the individual: $$60,000$

Salary to other employees: $$50,000$

Rental expenses $$70,000$

Net income: $$50,000$

What is the individual$$s self$$employment income from the S corp, which is subject to self$$employment tax?

Group of answer choices

$$0$

$$50,000$

$$80,000$

$$200,000$