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Trevor is a single individual who is a cash-method, calendar year taxpayer For each of the next two years (2021 and 2022). Trevor expects to

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Trevor is a single individual who is a cash-method, calendar year taxpayer For each of the next two years (2021 and 2022). Trevor expects to report salary of $96,000, contribute $8,800 to charity, and pay $3,200 in state income taxes. Required: a. Estimate Trevor's taxable income for 2021 and 2022 using the 2021 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 2021. Estimate Trevor's taxable income for each of the next two years using the 2021 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 $2,800 and $22,000, respectively, each year. Estimate Trevor's taxable income for each of the next two years (2021 and 2022) using the 2021 amounts for the standard deduction and also assuming Trevor makes the charitable contribution of $8,800 and state tax payments of $3,200 in each year. d. Trevor plans to purchase a residence next year, and he estimates that additional property taxes and residential interest will cost $2,800 and $22,000, respectively, each year. Assume that Trevor makes the charitable contribution for 2022 and pays the real estate taxes for 2022 in December of 2021. Estimate Trevor's taxable income for 2021 and 2022 using the 2021 amounts for the standard deduction Complete this question by entering your answers in the tabs below. Rego Roq Regis Reqc Estimate Trevor's taxable income for 2021 and 2022 using the 2021 amounts for the standard deduction for both years (Amounts to be deducted should be indicated with a minus sign. Leave no field blank. Enter zero if applicable) $ 2021 2022 98,000S 90,000 12.000 12.000 Salary Hemed deductions Standard deduction Greator of standard deduction over itemized deductions From AGI charitable contribution deduction Txable income $ 96.000 5 95.000

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