I need help with these 5 questions please. Thank you

1. Graceis single and her share of qualified business income from a partnership is $95,000. Her total taxable income from all sources, before taking the 20% deduction for QBI, is $102,000. What is the amount of the Section 199A qualified business income deduction that Olivia can take this year?

2. Bill and Jen Walters purchased their home in 2007 and took out a mortgage of $1,000,000. The current loan balance is $875,000 and the fair market value of the home is $1,400,000. The rate on their existing loan is 6% and the current rate for home loans is 4.5% so the Walters would like to refinance to take advantage of the lower interest rate. If the Walters refinance the full $875,000 balance on their mortgage on January 1stof this year, what amount of interest is deductible as an itemized deduction this year?

a. $0.b. $33,750.c. $34,453.d. $39,375.

3. True or False - Targeted compliance audits involve checking the tax returns of members of a particular profession to test compliance with the tax laws.

4. True or False - In 2019, personal and dependency exemptions are phased out above certain AGI threshold amounts.

5. True or False - Gains on property are normally taxed when they can be objectively determined through a sale orexchange.