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Hi, can you help me to complete the schedule A (Itemized deductions) base to this information. Ron and Sue Johnson are married with two children,
Hi, can you help me to complete the schedule A (Itemized deductions) base to this information. Ron and Sue Johnson are married with two children, Ed, age 10, and Joe, age 19. Joe is a full-time student at the state university. The Johnsons own their home and live in Arizona. Sue is a CPA and sings in her church choir. The AGI for the Johnsons is $100,000. The Johnsons incurred the expenses shown in the box below. 1. Points in the amount of $4,000 paid on the loan for the home purchase. 2. Medical insurance premiums totaling $1,000 per month. 3. Student loan interest of $100 on a qualified higher education loan used to pay for Sue's college tuition. 4. Homeowners insurance of $550 on personal residence. 5. Alimony payments made by Ron to a former spouse (pre-2019 divorce agreement) totaling $10,000. 6. Sue made a $3,500 Roth contribution. 7. Ron made an $7,000 IRA contribution. 8. Mortgage interest of $4,000. 9. Casualty loss on car from a fire of $7,000. 10. Church contributions of 3,000. 11. Purchase of new automobile sales tax of $850. 12. Income taxes paid to Arizona of $600. 13. Mortgage insurance premiums totaling $2,500. 14. Personal property taxes of $300. 15. Real-estate taxes of $4,500
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