Appendix A: Romeo and Cindy Colombo Information

Your new boss wants you to prepare 1040 Form Schedule A for Romeo and Cindy Colombo. For the last tax year, they had the following items or occurrences related to itemized or potential itemized deductions. Use the forms for the calendar year just prior to the year you are taking this course (e.g., if you are taking the course in 2019, use 2018 forms and rules). All amounts are totals for the year.

Facts:

Taxpayer:	Romeo & Cindy Colombo 1400 Ranchos Blvd San Jose, CA 92111
Social Security Number	Romeo: 555-12-4480
Social Security Number	Cindy: 123-78-5143
Filing status	Married, joint
Adjusted Gross Income (for both)	$150,000
Mortgage interest on primary residence	6,000
Mortgage amount	220,000
Property taxes, primary residence	8,255
Mortgage interest on vacation home	10,560
Mortgage amount	160,000
Property tax on vacation home	3,500
Doctor bills paid out of pocket, not covered by insurance	3150
Prescription drugs paid out of pocket	1125
Health insurance premiums paid through employers and deducted from their gross income each week	2,400
Over the counter medicines to treat Romeo's skin condition	300
State income taxes withheld from paychecks	1,800
State income taxes paid with their state return last year	400
The car was a total loss, thus not covered with comprehensive insurance so no insurance proceeds received. Paid $9,000 for the used car. At date of total loss, value was:	4,800
Wallet stolen at beach, containing	100
Tax return preparation fees paid	1,000
Investment counselor fees paid	400
Cash gifts to church	2,400
Donations of old clothing to Goodwill and Salvation Army, all donated August 31st, miscellaneous items listed by Cindy as being worth	350
Donation of appreciated Sherwin-Williams Company stock to the Church. Cindy had paid $1,500 for the stock three years ago, and its value at date of gift (October 1):	3,200
Various donations during the holiday season to needy individuals who use the church's soup kitchen	200