please help with questions e-i. thank you
Tax Project #2 Spring 2021 Peter Greenway is married. He is employed as an architect and wants to determine his taxable income. He correctly calculated his AGI, however, first needs to compute his taxable income. He provided the following information with hopes that you could use it to determine her taxable income. f. h. Peter paid $3,200 of property taxes on his personal residence. He also paid $800 to the developer of his subdivision to replace the sidewalk in certain areas of the subdivision Peter has a home mortgage loan in the amount of $310,000 that he secured when he purchased the home. The home is worth about $450,000. Peter paid interest of $14,800 in interest on the loan this year. Peter made several charitable contributions throughout the year. He contributed stock in ZYX Corp. to the Red Cross. On the date of the contribution, the FMV of the donated shares was $1,300 and his basis in the shares was $600. Peter originally bought the ZYX Corp. stock in 2007. He also contributed $250 cash to Johnson University and religious artifacts he held for several years to the church. The artifacts were valued at $700 and Peter's basis in the items was $400. Peter also contributed $1,400 of services to her church last year. Peter paid $350 in investment advisory fees and another $200 to have his tax return prepared (the $200 payment was made in 2020 to have his 2019 tax retum prepared) Tax Project #2 Spring 2021 Peter Greenway is married. He is employed as an architect and wants to determine his taxable income. He correctly calculated his AGI, however, first needs to compute his taxable income. He provided the following information with hopes that you could use it to determine her taxable income. f. h. Peter paid $3,200 of property taxes on his personal residence. He also paid $800 to the developer of his subdivision to replace the sidewalk in certain areas of the subdivision Peter has a home mortgage loan in the amount of $310,000 that he secured when he purchased the home. The home is worth about $450,000. Peter paid interest of $14,800 in interest on the loan this year. Peter made several charitable contributions throughout the year. He contributed stock in ZYX Corp. to the Red Cross. On the date of the contribution, the FMV of the donated shares was $1,300 and his basis in the shares was $600. Peter originally bought the ZYX Corp. stock in 2007. He also contributed $250 cash to Johnson University and religious artifacts he held for several years to the church. The artifacts were valued at $700 and Peter's basis in the items was $400. Peter also contributed $1,400 of services to her church last year. Peter paid $350 in investment advisory fees and another $200 to have his tax return prepared (the $200 payment was made in 2020 to have his 2019 tax retum prepared)
