TBSRWB0383 Tax Treatment - Answer in question

Tom and Joan Moore are married filing a joint return. Both are 47 years old. During 2017, the following events took place. For items 1 through 12, select the appropriate tax treatment. A tax treatment may be selected once, more than once, or not at all.

1. On March 23, 2017, Tom sold 50 shares of Zip stock at a $1,200 loss. He repurchased 50 shares of Zip on April 15, 2017.	Not deductible on Form 1040.
2. Payment of a personal property tax based on the value of the Moores' car.	Deductible in full in Schedule AItemized Deductions
3. Used clothes were donated to church organizations.	Deductible in Schedule AItemized Deductions, subject to a limitation of 50% of adjusted gross income.
4. Premiums were paid covering insurance against Tom's loss of earnings.	Not deductible on Form 1040
5. Tom paid for subscriptions to accounting journals.	Deductible in Schedule AItemized Deductions, subject to a threshold of 2% of adjusted gross income.
6. Interest was paid on a $10,000 home-equity line of credit secured by the Moores' residence. The fair market value of the home exceeded the mortgage by $50,000. Tom used the proceeds to purchase a sailboat.	Deductible in full in Schedule AItemized Deductions.
7. Amounts were paid in excess of insurance reimbursement for prescription drugs.	Deductible in Schedule AItemized Deductions, subject to a threshold of 10% of adjusted gross income.
8. Funeral expenses were paid by the Moores for Joan's brother.	Not deductible on Form 1040.
9. Theft loss was incurred on Joan's jewelry in excess of insurance reimbursement. There were no 2017 personal casualty gains.	Deductible in Schedule AItemized Deductions, subject to a $100 floor and a threshold of 10% of adjusted gross income
10. Loss on the sale of the family's sailboat.	Not deductible on Form 1040.
11. Interest was paid on the $300,000 acquisition mortgage on the Moores' home. The mortgage is secured by their home.	Deductible in full in Schedule A-Itemized Deductions.
12. Joan performed free accounting services for the Red Cross. The estimated value of the services was $500.	Not deductible on Form 1040.