Trevor is a single individual who is a cash$-$method, calendar$-$year taxpayer. For each of the next two years $(2023$ and $2024),$ Trevor

expects to report salary of $$114,000,$ contribute $$8,200$ to charity, and pay $$3,650$ in state income taxes.

Required:

a$.$ Estimate Trevor's taxable income for $2023$ and $2024$ using the $2023$ amounts for the standard deduction for both years.

b$.$ Now assume that Trevor combines his anticipated charitable contributions for the next two years and makes the combined

contribution in December of $2023.$ Estimate Trevor's taxable income for each of the next two years using the $2023$ amounts for the

standard deduction.

c$.$ Trevor plans to purchase a residence next year, and he estimates that additional property taxes and residential interest will cost

$$3,700$ and $$35,500,$ respectively, each year. Estimate Trevor's taxable income for each of the next two years $(2023$ and $2024)$

using the $2023$ amounts for the standard deduction and also assuming Trevor makes the charitable contribution of $$8,200$ and

state tax payments of $$3,650$ in each year.

d$.$ Trevor plans to purchase a residence next year, and he estimates that additional property taxes and residential interest will cost

$$3,700$ and $$35,500,$ respectively, each year. Assume that Trevor makes the charitable contribution for $2024$ in December of $2023.$

Estimate Trevor's taxable income for $2023$ and $2024$ using the $2023$ amounts for the standard deduction.

Complete this question by entering your answers in the tabs below.

Estimate Trevor's taxable income for $2023$ and $2024$ using the $2023$ amounts for the standard deduction for both years.