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Which of the itemized deductions is deductible? For itemized deduction #10, do I need to take care of $750? Their itemized deductions are as follows:
Which of the itemized deductions is deductible? For itemized deduction #10, do I need to take care of $750?
Their itemized deductions are as follows: 1. Mortgage interest on their main home, $12,500. 2. Real estate taxes, $7,600. 3. Personal property taxes, $185. Page B-2 4. Doctors' expenses unreimbursed by insurance, $7,400. 5. Medical insurance premiums for the year, $2,400. 6. Prescribed medicine, S1,995. 7. Vitamins, $300. 8. Total cash contributions to their church, $675. The contributions were made over the course of the year, and no individual contribution was greater than $250. 9. Tax preparation fees for their 2018 return, $325, paid in 2019. 10. Lottery tickets bought by Esther during the year, $750. Winnings received, $940 (W-2G, box 1). Income tax withholding on winnings, $35 (W-2G, box 4)Step by Step Solution
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