Question 58 Contributions made by a taxpayer are usually beneficial when preparing a return. Martha donated $180 to a non-profit radio station and received a $45 boxed DVD set of one of her favorite artists (a gift from the radio station). Her tax deduction for this donation will be: a) $ 180 b) $ 45 c) $ 225 d) $ 135

Question 62 The TCJA made major changes to what individual taxpayers are allowed to claim as Itemized Deductions (Schedule A), one of those being personal casualty and theft losses. Before the TCJA, individuals could claim certain personal casualty losses. Beginning in 2018, traditional casualty loss claims have been eliminated, except for which of the following: a) Casualty losses suffered in a federal disaster area. b) Personal casualty loss. c) Theft and loss deductions.

d) None of the above.