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Required information [The following information applies to the questions displayed below) Read the following letter and help Shady Slim with his tax situation. Please assume

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Required information [The following information applies to the questions displayed below) Read the following letter and help Shady Slim with his tax situation. Please assume that his gross income is $172,900 (which consists only of salary) for purposes of this problem. December 31, 2019 To the friendly student tax preparer: Hi, it's Shady Slim again. I just got back from my 55th birthday party, and I'm told that you need some more information from me in order to complete my tax return. I'm an open book! I'll tell you whatever I think you need to know. Let me tell you a few more things about my life. As you may recall, I am divorced from my wife, Alice. I have custody of my son, Shady, Jr. I really love the kid. He lives with me full-time, but he goes to Alice's house every other weekend. I provide all of my son's support, and Alice doesn't pay any child support Can you believe I'm still paying off my student loans, even after 15 years? I paid a total of $900 in Interest on my old student loans this year Remember when I told you about that guy that hit me with his car? I had a bunch of medical expenses that were not know. Let me tell you a few more things about my life. As you may recall, I am divorced from my wife, Alice. I have custody of my son, Shady, Jr. I really love the kid. He lives with me full-time, but he goes to Alice's house every other weekend. I provide all of my son's support, and Alice doesn't pay any child support. Can you believe I'm still paying off my student loans, even after 15 years? I paid a total of $900 in interest on my old student loans this year. Remember when I told you about that guy that hit me with his car? I had a bunch of medical expenses that were not reimbursed by the lawsuit or by my insurance. I incurred a total of $9,000 in unreimbursed medical expenses. Good thing I can write off medical expenses, right? I contributed a lot of money to charity this year (and have receipt documentation for all contributions). I'm such a nice guy! I gave $1,000 in cash to the March of Dimes. I also contributed some shares of stock. I bought the shares years ago for $10, but they were worth $1,000 when I made the contribution. Roca Cola also had a charity drive for the United Way this year and I contributed $90. Turns out, I don't even miss it. Oh one other bit of charity from me this year. An old buddy of mine was down on his luck. He lost his job and his house. I gave him $500 to help him out. I paid a lot of money in interest this year. I paid a total of $950 in personal credit card interest. I also paid $18,000 in interest on my $500,000 home mortgage that helped me buy my dream home. I also paid $2,000 in real estate (property) taxes for my new house. Oh, this is pretty cool. I've always wanted to be a firefighter. I spent $1.400 in tuition to go to the local firefighter's school. I did this because someone told me that I can deduct the tuition as an itemized deduction, so the money would be coming back to me TYLOWE HMCULUI CAPSES, I contributed a lot of money to charity this year and have receipt documentation for all contributions). I'm such a nice guy! I gave $1,000 in cash to the March of Dimes. I also contributed some shares of stock. I bought the shares years ago for $10, but they were worth $1,000 when I made the contribution. Roca Cola also had a charity drive for the United Way this year and I contributed $90. Turns out, I don't even miss it. On, one other bit of charity from me this year. An old buddy of mine was down on his luck. He lost his job and his house. I gave him $500 to help him out. I paid a lot of money in interest this year. I paid a total of $950 in personal credit card interest. I also paid $18,000 in interest on my $500,000 home mortgage that helped me buy my dream home. I also paid $2,000 in real estate (property taxes for my new house. Oh, this is pretty cool. I've always wanted to be a firefighter. I spent $1.400 in tuition to go to the local firefighter's school. I did this because someone told me that I can deduct the tuition as an itemized deduction, so the money would be coming back to me. That should be all the information you need right now. Please calculate my taxable income and complete pages 1 and 2 of Form 1040 (through taxable income, line 10) and Schedule A. You're still doing this for free, right? Calculate the taxable income. AGI Itemized Deductions: 0 Taxable income $ 0

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