64. Go to the IRS Web site (www.irs.gov) and print Schedule A: Itemized Deductions. Using the following

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64. Go to the IRS Web site (www.irs.gov) and print Schedule A: Itemized Deductions. Using the following information, complete this form for Simon and Ellen, a married couple filing jointly, who have adjusted gross income of

$60,000. They paid the following unreimbursed expenses during the year:

Prescription drugs $ 600 Doctor bills 4,600 Contact lenses 200 Dentist bills 800 State income tax withheld from salary 1,800 Real estate taxes 3,000 Home mortgage interest (reported on Form 1098) 6,000 Cash charitable contributions 1,400 Employee business expenses 1,300 Tax return preparation 150 Safe deposit box (for storing investment documents) 120

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Taxation For Decision Makers

ISBN: 9781118091555

2012 Edition

Authors: Shirley Dennis Escoffier

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