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WEEK 7: From AGI Deductions Connor and Jordan's Form 1098 from their mortgage lender shows the following information: Mortgage Interest Paid $12,000 Property Taxes Paid
WEEK 7: "From AGI" Deductions Connor and Jordan's Form 1098 from their mortgage lender shows the following information: Mortgage Interest Paid $12,000 Property Taxes Paid $5,200 In addition, Connor and Jordan paid the following medical expenses in 2023: Physician Office Visits $600 Dental Office Visits $400 Hospitalization $2,500 Hearing Aids $1,200 Glasses $840 Dentures $2,000 Prescriptions $6,200 They used their Health Savings Account to pay for $5,200 in expenses, but the rest were unreimbursed. Connor's Medicare premium for the year was $2,800. Connor and Jordan also made the following charitable contributions in 2023: Cash donation to United Way $1,200 Cash donation to Jordan's school fundraiser $500 Cash donation to Humane Society $600 Old car to Humane Society FMV $2,200 Miscellaneous Household Items to Goodwill $600 (estimated thrift value; Connor has a list)
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