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Scenario 8 : Archie Hamilton Archie Hamilton is 4 5 years old and single. Archie had wage income of $ 5 5 , 0 0
Scenario : Archie Hamilton Archie Hamilton is years old and single. Archie had wage income of $ He also had gambling winnings of $ He is not sure if he should itemize or take the standard deduction. Archie paid the following: o $ qualifying home mortgage interest o $ in real estate property taxes o $ for state income taxes withheld in o Unreimbursed doctor and dentist bills in the amount of $ o Unreimbursed prescription drugs for $ o Vitamins for $ o A statement received from his church showing donations made throughout the year totaling $ o Receipts for donations of furniture and clothing in good, used condition to Goodwill. The total estimated fair market value is $ o Tax preparation fee of $ for his tax return. o $ paid in on his balance due on his state income tax return o $ investment expense o $ in gambling losses Archie can claim total deductible medical expenses that exceed of his adjusted gross income. a True b False What is the total amount of state income and real estate taxes deductible on Archies Form Schedule A a $ b $ c $ d $Which of the following is Archie able to claim as a deduction on his Form Schedule A a Investment expense b Tax preparation fee c Gambling losses d None of the above
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