what all can be deducted
and would it be better to do the standard or itemized deduction
I I To my friendly student tax preparer. It's me again, Cardy B. You asked that I provide you some additional information. I would love to write off all of the following To be a manager at Roca Cola I had to buy some tugly steel toe boots for $150, I definitely want to write those off. Roca Cola did not reimburse me either. I have heard you can "write off unreimbursed employee expenses. Is that correct? I also had some health issues this year and paid $12,680 for medical expenses for care related to a broken ankle while I was unemployed and without insurance. My boyfriend, Blake, drove me (in my car) a total of 315 miles to get the best doctor. After I saw those bills I realized I needed health insurance, so I paid a total of $3,400 in health insurance premiums before I got my with Roca Cola. Besides the health insurance premiums and the medical expenses for my broken ankle, I also had a little tummy tuck last year and she paid $3,000 for the surgery. I received no insurance reimbursement. It adds up, I also incurred $450 of other medical expenses for the year. Roca Cola withheld $2,800 of state income tax, $5,495 of Social Security tax, and $11,200 of federal income tax from my paychecks throughout the year. In 2018, I was due a refund of $250 for overpaying her 2017 state taxes. However, on my 2017 state tax return that I filed April 2018, I just had them apply the overpayment toward my 2018 state tax liablity paid $5,200 of property taxes on her personal residence. I also paid $500 to the developer of my subdivision, because he had to replace the sidewalk in certain areas of the subdivision. He should have paid that, but hopefully I can write it off have a home mortgage loan in the amount of $220,000 that she secured when I purchased my home. The home is worth about $400,000. I paid interest of $12,300 on the loan this year. I made several charitable contributions throughout the year. I contributed stock in ZYX Corp. to the Red Cross. On the date of the contribution, the fair market value of the donated shares was $1,000 and my basis in the shares was $400. I originally bought the ZYX Corp. stock in 2008. I also contributed $300 cash to State University and religious artifacts I have held for several years to my church. The artifacts were valued at $500 and my basis in the items was $300. I had every reason to believe the church would keep them on display indefinitely. I also drove 200 miles doing church- related errands for the minister. Finally, I contributed $1,200 of services to her church last year. Shauna paid $250 in investment advisory fees and another $150 to have my tax return prepared (that is, I paid $150 in 2018 to have her 2017 tax retun prepared). This you are doing it for free, right In our last conversation, I mentioned I didn't loose any from gambling, but I found a couple of old Keenland ticket and realized I did loose $2,500 I did make a contribution to my traditional IRA account this year. Can I deduct the $2,500 1 contributed to that? You probably don't know this about me, but I went to college for a while and I still trying to pay that student loan back. I had $3,500 in student loan interest that paid this year. Maybe this will get me out of some taxes because it sure didn't get me a career in Accounting since I didn't finish. I could have had your job helping people with their taxes and making good money if I had finished! So there you go. I really believe this is it now. Can you figure out all my deductions and complete the return with what I gave you in our first conversation. Complete Form 1040 for me and Schedule 1 and A iIf I need it? Thanks, I owe you one! Let me know if I can get you a six-pack of Roca Cola or something I I To my friendly student tax preparer. It's me again, Cardy B. You asked that I provide you some additional information. I would love to write off all of the following To be a manager at Roca Cola I had to buy some tugly steel toe boots for $150, I definitely want to write those off. Roca Cola did not reimburse me either. I have heard you can "write off unreimbursed employee expenses. Is that correct? I also had some health issues this year and paid $12,680 for medical expenses for care related to a broken ankle while I was unemployed and without insurance. My boyfriend, Blake, drove me (in my car) a total of 315 miles to get the best doctor. After I saw those bills I realized I needed health insurance, so I paid a total of $3,400 in health insurance premiums before I got my with Roca Cola. Besides the health insurance premiums and the medical expenses for my broken ankle, I also had a little tummy tuck last year and she paid $3,000 for the surgery. I received no insurance reimbursement. It adds up, I also incurred $450 of other medical expenses for the year. Roca Cola withheld $2,800 of state income tax, $5,495 of Social Security tax, and $11,200 of federal income tax from my paychecks throughout the year. In 2018, I was due a refund of $250 for overpaying her 2017 state taxes. However, on my 2017 state tax return that I filed April 2018, I just had them apply the overpayment toward my 2018 state tax liablity paid $5,200 of property taxes on her personal residence. I also paid $500 to the developer of my subdivision, because he had to replace the sidewalk in certain areas of the subdivision. He should have paid that, but hopefully I can write it off have a home mortgage loan in the amount of $220,000 that she secured when I purchased my home. The home is worth about $400,000. I paid interest of $12,300 on the loan this year. I made several charitable contributions throughout the year. I contributed stock in ZYX Corp. to the Red Cross. On the date of the contribution, the fair market value of the donated shares was $1,000 and my basis in the shares was $400. I originally bought the ZYX Corp. stock in 2008. I also contributed $300 cash to State University and religious artifacts I have held for several years to my church. The artifacts were valued at $500 and my basis in the items was $300. I had every reason to believe the church would keep them on display indefinitely. I also drove 200 miles doing church- related errands for the minister. Finally, I contributed $1,200 of services to her church last year. Shauna paid $250 in investment advisory fees and another $150 to have my tax return prepared (that is, I paid $150 in 2018 to have her 2017 tax retun prepared). This you are doing it for free, right In our last conversation, I mentioned I didn't loose any from gambling, but I found a couple of old Keenland ticket and realized I did loose $2,500 I did make a contribution to my traditional IRA account this year. Can I deduct the $2,500 1 contributed to that? You probably don't know this about me, but I went to college for a while and I still trying to pay that student loan back. I had $3,500 in student loan interest that paid this year. Maybe this will get me out of some taxes because it sure didn't get me a career in Accounting since I didn't finish. I could have had your job helping people with their taxes and making good money if I had finished! So there you go. I really believe this is it now. Can you figure out all my deductions and complete the return with what I gave you in our first conversation. Complete Form 1040 for me and Schedule 1 and A iIf I need it? Thanks, I owe you one! Let me know if I can get you a six-pack of Roca Cola or something