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Author Question: _______________ is the additional tax form that must be completed when itemizing deductions. Fill in ... (Read 144 times)

Sportsfan2111

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on: Jun 24, 2018
_______________ is the additional tax form that must be completed when itemizing deductions.
 Fill in the blank(s) with correct word

Question 2

Raymond and Jackie Davis are married and file a 1040 jointly. Raymond earns 35,000 and Jackie earns 43,400 for the year. They have five children. They have earned interest of 800 and both contributed 3,500 to individual IRAs. Their itemized deductions are 6,281 in medical and dental expenses, 7,290 in real estate taxes, 10,120 in home mortgage interest, 1,150 in student loan interest, and 4,800 in charitable contributions. Calculate Raymond and Jackie's taxable income.


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cuttiesgirl16

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Reply #1 on: Jun 24, 2018
Answer to Question 1

Schedule A

Answer to Question 2

23,474;


Sportsfan2111

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

31809pancho

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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