Question
Do you think these situations are not deduction in form 1040 ? thanks -State tax withheld of 3500 -In 2017, John and Stacey spent $3,700
Do you think these situations are not deduction in form 1040 ? thanks
-State tax withheld of 3500
-In 2017, John and Stacey spent $3,700 making repairs on their
home.The repairs included work on their garage door, replacement of the
kitchen flooring, and refurbishing their electrical breaker
box.
-In 2017, Stacey received a $6,000 inheritance from the estate
of her great-great-grandmother.
-The Minor's took fencing lessons in 2017 that cost
$2,400.They said these lessons help them "unwind" after a busy
workday. Stacey liked fencing so much she bought a foil, epee, and saber
costing $2,200.A day after buying the fencing equipment, a thief broke
into Stacey's fencing locker at the fencing center and stole the foil and saber
worth $1,800.Stacey filed a police report, had no insurance on the foil
and saber, and the property was not recovered.
-In 2017, Stacey paid $850 in union dues to the El Camino Real
Teachers, Educators, and Mentors Union.
-Stacey helped her friend start a business.The friend
plans on paying Stacey $4,950 for all the work
she did.This payment will be made in December 2018.
Stacey also tells you she paid "Mystic Maria the World's7thBest and Inexpensive
Fortune Teller" $540 to predict Stacey's success.Maria reported
that Stacey would be wildly successful in her tutoring business and would gross
approximately $500 in 2018.
-John stated he contributed $2,000 to his Roth IRA in 2017.
-In 2017, John donated 150 hours of time to Goodwill, a
Qualifying Charitable Organization.He figures his time is worth $40 an
hour.
-Stacey has AB- blood type.When the Red Cross Bloodmobile
stops by her work, Stacey donated blood.In 2017, she donated 6 pints of
blood.The local hospital charges $300 a pint for patients who receive AB-
Blood.
-John and Stacey calculated they had 6,000 commuting miles to
their W-2 jobs in 2017.
-In 2017, Stacey decided to run for the city council.She
paid a $255 filing fee and borrowed $15,000 from the local bank to finance her
campaign.Stacey lost the election.
-In 2017, John and Stacey paid homeowner's association dues of
$1,400 on their personal residence.
In 2017, John was ticketed for driving his car without a valid
registration and no proof of insurance.He paid a fine of $350, which
included court costs.
-In 2017, Stacey paid a researcher $300 to trace her family
history.The researcher reported to Stacey she may be the rightful owner
of a small farm in Germany worth $1,000,000.Stacey has made plans to see
if she owns the land, she has set aside $2,500 in a savings account for a title
and legal search, and she will hire an attorney in December 2018 to determine
her ownership rights.
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