A. Kim is an alumnus of the University of Alabama. He attends all home and away football games. In 2021, Kim made her annual donation of $3,000 to ULM to be placed on the season ticket holder waiting list. How much can Kim deduct as a charitable donation in 2021?

• A. $3,000
• B. $1,500
• C. $0
• D. $1,800

B. Will age 63, enjoys visiting casinos around the country. He plays the $5 slot machines when goes to the casino. In 2021, Will won $135,000 while playing the $5 slot machines, he also lost $60,000 while playing the slot machines. How much in gambling losses is Will allowed to deduct as an itemized deduction in 2021?

• A. $35,000
• B. $135,000
• C. $60,000
• D. $75,000