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A Settlement Statement (HUD-1) 1305 Tyle Jasmine Jefferso 225. Chicago & 6013 Popey 225 Tejon Dr. Chicago, k 00012 La 1, Bock 2, Dorie Est

A Settlement Statement (HUD-1) 1305 Tyle Jasmine Jefferso 225. Chicago & 6013 Popey 225 Tejon Dr. Chicago, k 00012 La 1, Bock 2, Dorie Est Cook County J. Summary of Borrower's Traction Ap 12 Decatur Chicago 60612 Beardsley Sement Group 1010000 25 McCay Ch 181 Com 304 16 Chyt Cory 100 115 112 12 De from 10. Amount Pd by or infor 101 Depot 202 P 20 Eng taken subje 204 205 200 201 206 400 Gross Amunt $500,000.00 40 C $13,47000 404 140 As for me pad by saller in 42 Cy 4County 140 31 " 0000000 419 $13470.00 421 Gres Amount tota $800.000.00 548 Reductions A Due to $20,000.00 $300,000.00 902 Setement charges to see 1400 $51,70000 506 Poft merge 10 107 b Adjustments for me unpaid by sel 210 Otytow c 11/2000 212 Ass 213 214 216 210 101/2020 $1,000.00 512 A $15 $14 $15 516 317 Cy 1010020 $1.000.00 218 210 220 Payro $321.000.00 Toll Rd 300 Cash Settiest fronto B 301 Gs at de ham bon 120 302 Lessants paid byfor tower 22 013476.00 $21,000.00 At Due Seler from bel re 90 Cash at Sent 01 Grant 402 men in anouts des 201 353 Cash $492476.00 403 Cash From Seber $52,70000 $800,00000 $13.700.00 $14730000 The Puc Reporting Burden hue this selection of ndalay The designed to provide to mine at 35 entre per respor by egg and This agery may Seredaran with intimin dug the seement process Previous edo ww Page 105 HUD Consider the settlement statement in Appendix B to this chapter. What amounts on the statement are the Jeffersons allowed to deduct on their 2020 tax return? Indicate the settlement statement line number for each deductible amount (discuss any issues that must be addressed to determine deductibility) and label each deduction as a for AGI deduction or a from AGI deduction. 0

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