television worth $4,900 which originally cost $ 7,600 (depreciation of $ 2,600 taken so far), a computer worth $6,500 which originally cost $ 8,900 (with $5,400 depreciation taken so far), some rare recordings worth $5,000 (which originally cost $4,900 to buy years ago which Brian kept in the hope of future sale and repair costs to the rental building of $5,500. The building insurance policy has a high deductible, and thus only $ 8,200 of insurance proceeds were received in 2019 for the loss -Brian, in order to successfully avoid any underpayment penalties, paid estimated 2019 federal income taxes of $ 2,500 each quarter, and paid them when due. Brian paid $ 1,200 for 2018 state income tax on April 15, 2019, along with four 2019-year estimates for state income taxes of $ 300 each paid during 2019 (the last mailed on December 30" -Pam bought a boat last year, which is moored in Tiburon, and paid $4,200 in sales taxes on the purchase on 8-19-2018. The registration for the boat, and for Pam's car, both paid in September of 2019, was $ 2890 ($ 1,150 based on value boat, and $ 890 (5 460 based on value car. -On February 2, 2019, Pam made a contribution to the Salvation Army of $2,900. Pam also drove 580 miles to aid the charity in its work and provided services worth $ 5,500 to the charity as well. All documentation and substantiation requirements were met. Bran had taken trips to Las Vegas in May and July of 2019, to play Baccarat. In May he won $1,260, in July he lost $770. Pam paid student loan interest (on a qualified loan debt) of $ 2,940 during 2019. -Pam and Brian Carlson are married, are both age 50, and have two single dependent children, Brent aged 16, and Donald, aged 21, and live in Pittsburgh, California. -Brian has a rental house and Pam is an employee for two other companies. -During 2019, Brent had $ 7.500 of oil royalty income and Donald had $ 17,000 of wapes income. Brent is in high school and Donald is a full-time student at SF State this tuition is covered by a scholarship). Donald lives with Pam and Brian when not in school. Brent receives most of his support from Pam. Brian's rental house overlooks the beach in Bolinas, the house was bought for $ 780,000, and first rented out in 2010. In 2019 Brian had rental income (cash receipts) of $ 238,000, along with rental house expenses of repairs $6,500, supplies $6,070, insurance $8,440, property taxes of $ 8,670 and licenses of $4,010, interest on a mortgage loan of $ 57,500, the total annual 2019 personal property depreciation for the rental house furnishings is $ 66,700, and utilities of $ 8,000. All of these expenses were paid by Brian during the year, and the expenses related to months of this year, 2019, except for the supplies which were used up early in 2020. For the rental house the tenants usually rent it for the month and use it as a personal residence, with Brian not generally responsible for daily services. - In 2018, Brian allowed a tenant to stay in the rental for a month, Azalea Enterprises, and pay later in the year, owing the amount of $ 12,000. Azalea agreed to pay this amount back with $ 900 interest during 2019. Azalea has filed for bankruptcy in 2019, and it is clear that this entire amount will not be received by Brian. -Pam's wages for 2019 from job 1 were $ 100,000 with federal income tax withholding of $5,000, Social Security withholding of $ 6,200 and Medicare withholding of $ 1,450, state income tax withholding of $3,000, and, from job 2, wages of $ 35,000, with Social Security withholding of $ 2,170 and Medicare withholding of $ 508. Pam's jobs are in retail, books and stationery -Brian had medical bills paid during the year 2019 as follows: doctor bills and hospital costs totaling $5,680, prescription drugs of $ 8,220, along with eyeglasses costing $ 2,900. Pam drove Brian 680 miles to Los Angeles and back in January 2019 to see a specialist following Doctor's orders including that Brian not drive and stayed overnight at a motel at a cost of $390. -Pam and Brian jointly own their home and paid mortgage interest of $ 34,700 and mortgage principal of $ 7,200 during 2019, for the months of 2019 to the bank on a loan (average principal balance $660,000) incurred to buy the home, which is secured by the home (bought in 2010). The home's property tax was paid on December 10 2019 for $ 8,500 - Brian owns a cabin near Marin County. Brian paid $12,800 in mortgage Interest during 2019, for the months of 2019 on a loan (average principal balance $ 280,000 incurred to buy the cabin, secured by the cabin, and Brian paid property taxes on the cabin of $ 4,930 on 12-10-2019. Pam and Brian used the cabin for one month during 2019, and rented it out for three months monthly clients like the other rental) during 2019 (this is a normal year's usage pattern, and received rent of $34,000 during 2019. The cabin's utilities cost is $ 7,200, annually and the annual repair cost (both paid for in 2019) was $ 6,420. The cabin was first rented in 2014, when the cabin was worth $ 490,000 (the purchase price was $ 420,000 -Brian's main rental house in Bolinas) was broken into in December of 2018, and some items were stolen. Brian became aware of the break in in 2019, and estimates the value of the items lost are a Q1 What are Pam and Brian's total itemized deductions for 2019? (for this assume Pam and Brian's AGI is $ 165,000) Q2 What is Pam (and Brian's) and Brent's, and Donald's 2019 federal tax refund or amount due? (for this assume that Brent paid estimates for federal income taxes of $1,500, Donald had federal Income tax withholding of $ 600, Social Security withholding of $ 1,054 and Medicare withholding of $ 247, state income tax withholding of $300, and assume that Pam and Brian's itemized deductions are $ 60,000.) television worth $4,900 which originally cost $ 7,600 (depreciation of $ 2,600 taken so far), a computer worth $6,500 which originally cost $ 8,900 (with $5,400 depreciation taken so far), some rare recordings worth $5,000 (which originally cost $4,900 to buy years ago which Brian kept in the hope of future sale and repair costs to the rental building of $5,500. The building insurance policy has a high deductible, and thus only $ 8,200 of insurance proceeds were received in 2019 for the loss -Brian, in order to successfully avoid any underpayment penalties, paid estimated 2019 federal income taxes of $ 2,500 each quarter, and paid them when due. Brian paid $ 1,200 for 2018 state income tax on April 15, 2019, along with four 2019-year estimates for state income taxes of $ 300 each paid during 2019 (the last mailed on December 30" -Pam bought a boat last year, which is moored in Tiburon, and paid $4,200 in sales taxes on the purchase on 8-19-2018. The registration for the boat, and for Pam's car, both paid in September of 2019, was $ 2890 ($ 1,150 based on value boat, and $ 890 (5 460 based on value car. -On February 2, 2019, Pam made a contribution to the Salvation Army of $2,900. Pam also drove 580 miles to aid the charity in its work and provided services worth $ 5,500 to the charity as well. All documentation and substantiation requirements were met. Bran had taken trips to Las Vegas in May and July of 2019, to play Baccarat. In May he won $1,260, in July he lost $770. Pam paid student loan interest (on a qualified loan debt) of $ 2,940 during 2019. -Pam and Brian Carlson are married, are both age 50, and have two single dependent children, Brent aged 16, and Donald, aged 21, and live in Pittsburgh, California. -Brian has a rental house and Pam is an employee for two other companies. -During 2019, Brent had $ 7.500 of oil royalty income and Donald had $ 17,000 of wapes income. Brent is in high school and Donald is a full-time student at SF State this tuition is covered by a scholarship). Donald lives with Pam and Brian when not in school. Brent receives most of his support from Pam. Brian's rental house overlooks the beach in Bolinas, the house was bought for $ 780,000, and first rented out in 2010. In 2019 Brian had rental income (cash receipts) of $ 238,000, along with rental house expenses of repairs $6,500, supplies $6,070, insurance $8,440, property taxes of $ 8,670 and licenses of $4,010, interest on a mortgage loan of $ 57,500, the total annual 2019 personal property depreciation for the rental house furnishings is $ 66,700, and utilities of $ 8,000. All of these expenses were paid by Brian during the year, and the expenses related to months of this year, 2019, except for the supplies which were used up early in 2020. For the rental house the tenants usually rent it for the month and use it as a personal residence, with Brian not generally responsible for daily services. - In 2018, Brian allowed a tenant to stay in the rental for a month, Azalea Enterprises, and pay later in the year, owing the amount of $ 12,000. Azalea agreed to pay this amount back with $ 900 interest during 2019. Azalea has filed for bankruptcy in 2019, and it is clear that this entire amount will not be received by Brian. -Pam's wages for 2019 from job 1 were $ 100,000 with federal income tax withholding of $5,000, Social Security withholding of $ 6,200 and Medicare withholding of $ 1,450, state income tax withholding of $3,000, and, from job 2, wages of $ 35,000, with Social Security withholding of $ 2,170 and Medicare withholding of $ 508. Pam's jobs are in retail, books and stationery -Brian had medical bills paid during the year 2019 as follows: doctor bills and hospital costs totaling $5,680, prescription drugs of $ 8,220, along with eyeglasses costing $ 2,900. Pam drove Brian 680 miles to Los Angeles and back in January 2019 to see a specialist following Doctor's orders including that Brian not drive and stayed overnight at a motel at a cost of $390. -Pam and Brian jointly own their home and paid mortgage interest of $ 34,700 and mortgage principal of $ 7,200 during 2019, for the months of 2019 to the bank on a loan (average principal balance $660,000) incurred to buy the home, which is secured by the home (bought in 2010). The home's property tax was paid on December 10 2019 for $ 8,500 - Brian owns a cabin near Marin County. Brian paid $12,800 in mortgage Interest during 2019, for the months of 2019 on a loan (average principal balance $ 280,000 incurred to buy the cabin, secured by the cabin, and Brian paid property taxes on the cabin of $ 4,930 on 12-10-2019. Pam and Brian used the cabin for one month during 2019, and rented it out for three months monthly clients like the other rental) during 2019 (this is a normal year's usage pattern, and received rent of $34,000 during 2019. The cabin's utilities cost is $ 7,200, annually and the annual repair cost (both paid for in 2019) was $ 6,420. The cabin was first rented in 2014, when the cabin was worth $ 490,000 (the purchase price was $ 420,000 -Brian's main rental house in Bolinas) was broken into in December of 2018, and some items were stolen. Brian became aware of the break in in 2019, and estimates the value of the items lost are a Q1 What are Pam and Brian's total itemized deductions for 2019? (for this assume Pam and Brian's AGI is $ 165,000) Q2 What is Pam (and Brian's) and Brent's, and Donald's 2019 federal tax refund or amount due? (for this assume that Brent paid estimates for federal income taxes of $1,500, Donald had federal Income tax withholding of $ 600, Social Security withholding of $ 1,054 and Medicare withholding of $ 247, state income tax withholding of $300, and assume that Pam and Brian's itemized deductions are $ 60,000.)