HRB-12 Exercises

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H&R Block Ch 12 Exercises

Should this taxpayer itemize deductions:
Joan (32) is single with no dependents. Joan's total allowable itemized deductions are $5,710

Yes
$5,710 is more than Joan's standard deduction of $5,700.

Should this taxpayer itemize deductions:
Walter (28) is married and filing a joint return. Walter's total allowable itemized deductions are $11,455, including $2,835 in real estate taxes.

No
$11,455 is less than $11,900 (11400+500)

Should this taxpayer itemize deductions:
Heidi (45) is married and wishes to file a joint return. Heidi's allowable itemized deductions are $12,790.

Yes
$12,790 is more than Heidi's standard deduction of $11,400.

Should this taxpayer itemize deductions:
Sarah (29) is single and filing head of household. Sarah's allowable itemized deductions are $8,500.

Yes
$8,500 is more than $8,400
[2010]

Should this taxpayer itemize deductions:
Kevin (66) is single. Kevin's total allowable itemized deductions are $6,950.

No
$6,950 is less than Kevin's standard deduction of $7,100.

Should this taxpayer itemize deductions:
Ricardo (38) is married, filing a joint return, and blind. Ricardo's total allowable itemized deductions are $11,990.

No
$11,990 is less than $12,500

Should this taxpayer itemize deductions:
Nancy (67) is married, she is filing a joint return and her spouse is 63. Nancy's total allowable itemized deductions are $12,965.

Yes
$12,965 is more than Nancy's standard deduction of $12,500.

Should this taxpayer itemize deductions:
Norman (34) is married, is filing a separate return and reports that his spouse itemized her deductions this year. Norman's total allowable itemized deductions are $2,505.

Yes
$2,505 is more than $0

In Sep 2008, Sharon Wood incurred a medical bill of $500. She was married in Dec 2008 and her husband paid her medical bill in Jan 2009. They filed their 2009 tax returns separately; both itemized. Who may deduct the $500 medical bill?

Sharon's husband may deduct the medical bill because they were married when the bill was paid and her husband paid it.

Jack and Susan Benjamin incurred medical bills of $5,200 for their dependent son, Ron, as a result of an automobile accident in 2008. Ron died in 2008. The Benjamins paid these bills in 2009. May they deduct this amount on their tax return? If yes, in which year should they deduct it?

Yes
In 2009

Rex Berry is divorced. His former wife, Jackie, has custody of Jeff, their son and claims him as a dependent. Rex paid a $350 doctor bill for Jeff when Jeff fell and broke his arm. May Rex deduct this expense?

Yes
Rex may deduct this medical expense. Each parent may deduct the medical expenses he or she paid for the child.

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