T/F

37. Phillis, who is single, has itemized deductions totaling $20,000. She overpaid her 2018 state income tax and is entitled to a refund of $400 in 2019. Phyllis chooses to apply the $400 overpayment toward her state income taxed for 2019. She is not required to recognize that amount as income in 2019 because she did not get the refund. 38. Tom, whose modified AGI is $40,000, paid $3,500 of interest on a qualified student loan in 2019. He is single and may deduct the $3,500 interest as a deduction from AGI. 39. For purposes of computing the deduction for qualified residence interest, a qualified residence includes the taxpayer's principal residence and two other residences of the taxpayer or spouse. 40. Sadie mailed a check for $2,200 to a qualified charitable organization on December 31, 2019. The $2,200 contribution is deductible on Sadie's 2019 tax return as a deduction for AGI. 41. Judy paid $40 for Girl Scout cookies and $40 for Boy Scout popcorn. She may claim an $80 charitable contribution deduction. 42. During the year, Victor spent $300 on bingo games sponsored by his church. If all profits went to the church, Victor has a charitable contribution deduction of $300