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Thank you so much. The Information from IRS 6744 on 2017 Tax Returns, pg.94-103. https://www.irs.gov/pub/irs-pdf/f6744.pdf OR https://www.scribd.com/document/362498520/Advanced-Scenario-7-Austin-Drake-2018 Advanced Scenario 7: Austin Drake 29. What is

Thank you so much.

The Information from IRS 6744 on 2017 Tax Returns, pg.94-103.

https://www.irs.gov/pub/irs-pdf/f6744.pdf

OR

https://www.scribd.com/document/362498520/Advanced-Scenario-7-Austin-Drake-2018

Advanced Scenario 7: Austin Drake

29. What is the amount Austin can take as a student loan interest deduction? $_______.

30. What are Austin's total itemized deductions on Schedule A, line 29?

a. $6,856

b. $8,056

c. $8,156

d. $8,436

31. The amount of Austin's retirement savings contributions credit in the Tax and Credits section of Form 1040 is $120.

a. True

b. False

32. Austin is not able to pay the entire balance due by the due date of the return (without extensions). What are his options?

a. He can submit a Form 9465, Installment Agreement Request.

b. He can contact the IRS for a full pay 120-day agreement.

c. He can pay using his credit card.

d. Any of the above.

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