Linda age 37 who files as a single taxpayer had agi of

Assignment Help Accounting Basics

Reference no: EM13590515

Linda, age 37, who files as a single taxpayer, had AGI of $280,000 for 2013. She incurred the following expenses and losses during the year. Medical expenses before the 10%-of-AGI limitation: $33,000 State and local income taxes: 4,500 State sales tax: 1,300 Real estate taxes: $4,000 Home mortgage interest: $5,000 Automobile loan interest: $750 Credit card interest: $1,000 Charitable contributions: $7,000 Casualty loss before 10% limitation (after $100 floor): $34,000 Unreimbursed employee expenses subject to the 2%-of-AGI limitation: $7,600 Calculate Linda's total itemized deductions.

Reference no: EM13590515

Questions Cloud

Sybean meal is 16 protein and corn meal is 9 protein how : soybean meal is 16 protein and corn meal is 9 protein. how many pounds of each should be mixed to get a 350-lb.

Class there seems to be a lot of agreement that budgets : class there seems to be a lot of agreement that budgets should not be too aggressive in order to keep goals attainable.

Calculate hestons direct labor rate variance for september : heston pigments manufactures artists oil paints. each 40 ml tube of paint requires 5 minutes of direct labor and the

Company had 20000 shares of common stock outstanding par : company had 20000 shares of common stock outstanding. par value is 10. company approved a 2-for-1 stock split. what are

Linda age 37 who files as a single taxpayer had agi of : linda age 37 who files as a single taxpayer had agi of 280000 for 2013. she incurred the following expenses and losses

Fantastic sounds corp an electric guitar retailer was : fantastic sounds corp. an electric guitar retailer was organized by pam mikhail jane lo and dale nadal. the charter

How many women were homeless c what was the total number : in a homeless shelter 572 men were counted. this number was 2and 34 times the number of children and 2 and 12 times

At december 31 2012 and 2013 funk amp noble corporation had : at december 31 2012 and 2013 funk amp noble corporation had outstanding 680 million shares of common stock and 5

Washington waterworks manufactures snorkel gear during the : washington waterworks manufactures snorkel gear. during the past month washington purchased 4070 pounds of plastic to

User Account

All Pages