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Question 58 of 75. A state income tax refund is federally taxable only to the extent: of the amount reported on Form 1099-G, Certain Government

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Question 58 of 75. A state income tax refund is federally taxable only to the extent: of the amount reported on Form 1099-G, Certain Government Payments. of the sum of all itemized deductions, That the deduction reduced taxable income in the earlier year. State income tax refunds are never taxable. Mark for follow up Question 59 of 75. Which of the following taxpayers will be allowed to take deduction (adjustment to income) even they do not itemize on their 2020 tax return? Each taxpayer is single and has no other deductions to claim on Schedule A. Joseph made his real estate property tax payment of $2,050 on December 9, 2020 Alice contributed $450 to her local Cancer Society on November 2, 2020, which is a qualified charity. Mary paid $5.980 in dental work on April 13, 2020. She charged it on her credit card. Samuel contributed $50 to a GoFundMe that will benefit a child in his daughter's classroom by paying medical bills. He did this on May 12, 2020. Mark for follow up Question 60 of 75. Ginnie (33) will use the single filing status. She itemized deductions in 2019. She plans to itemize for 2020. For her plan to itemize deductions to be the most beneficial, her itemized deductions should exceed: S12,200 S12,400 O $18.650 S24,800 Mark for follow up Question 61 of 75. Miguel won $600 at Lucky Casino and $1,450 at Riverboat Casino. His losses for the year at Lucky Casino were $800, and his losses at Riverboat Casino were $1,000. He also spent $200 for lottery tickets without winning anything. How much can he deduct for gambling losses on Schedule A, Itemized Deductions? SO $1,800 $2,000 $2,050 Mark for follow up Question 62 of 75. Which taxpayer may NOT claim a charitable contribution deduction for the expenses described? Tom, an attorney who donates his time to assist a local veteran's organization. The estimated value of his total time performing legal services is $250. Jeannie, who volunteers at a local hospital. She is required to wear uniform that she purchases herself. Miguel, who serves on the board for a local arts council. Each month, he drives 15 miles each way to attend a board meeting. O Michael, a Boy Scout leader who sometimes spends his own money to purchase supplies for the troop. Mark for follow up

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