I have stated in each question answers that I know are wrong.

1) Justina purchased a vacation home on March 1st of the current year. In conjunction with the purchase she paid $3,000 in points to obtain a lower interest rate on her 15-year mortgage. How much of the $3,000 can Justina deduct in the current year?

$3,000

$200

$0

$167

none of the above (it is NOT this one)

2)Randi pays $2,000 to install ramps in her home to allow access to her handicapped son. A real estate appraiser estimates that this improvement will increase the value of Randi's home by $700. The amount that Randi can deduct as a medical expense is:

$0.

$700.

$1,000.

$1,300.

$2,000. (it is NOT this one)

3)The Martins file a joint return. Their AGI is $375,800. The Martins report the following amounts on Schedule A: home mortgage interest, $12,920; real estate taxes, $7,100; and $7,000 of cash gifts to qualified characters. The amount the Martins will deduct from AGI for their itemized deductions is:

$23,160. (it is NOT this one)

$13,746.

$18,584.

$27,020.

$21,491.