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During this year, T, who is under 65, paid the following expenses: Medical $5,000 City assessment for repaving the street where T's residence is located
During this year, T, who is under 65, paid the following expenses:
Medical $5,000
City assessment for repaving the street
where T's residence is located 800
Qualified residence interest 3,600
State income tax 2,000
T's adjusted gross income is $40,000
T's medical deduction would be:
a. | $5,000 | |
b. | $2,000 | |
c. | $1,000 | |
d. | Zero | |
e. | None of the above |
The amount of the city assessment included in the itemized deductions is.
a. | It depends | |||||||||||||
b. | $800 | |||||||||||||
c. | Zero | |||||||||||||
d. None of the above
T's total itemized deductions based on the above information are:
|
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