Taxpayer has oil & gas activity as follows Gross Income Tentative Cost Depletion Tentative Percentage Depletion $10,000 $5,000 $1,500 $75,000 $0 $11,250 $5,000 $10,000 $750 Based on this information, what is the total depletion deduction for Taxpayer? $13,500 O $15,000 O $12,800 O $26,250 QUESTION 20 Taxpayer has allowable medical expenses of $35,000. Taxpayer's AGI for 2020 is $100,000. Assuming Taxpayer itemized deductions, what amount of the medical expenses will be recognized as a deduction? O $27,500 O $0 O $35,000 $7,500 Taxpayer divorces her spouse in 2020. Per the legal documents in the divorce, Spouse will make payments of $4,000 per year to Taxpayer. Taxpayer is supporting the dependent child from the marriage. When child reaches age 18, payments from the spouse are reduced to $2,500 per year. What amount of alimony deduction will Spouse report on his tax return? $4,000 $1,500 $0 $2,500 QUESTION 2 In 2020, Taxpayer has net passive income of $100 and net active loss of $(500). Taxpayer has a passive loss carryforward from 2019 of $(150). What net income will taxpayer recognize from these activities? $(550) $(650) $0 $(500)