The Holfester family took $5 \frac{1}{2}$ hours to gather information for their Schedule A. The itemized deductions saved them $4,095 in taxes. What was the mean savings per hour to fill out Schedule A? Round to the nearest dollar.

Maria's adjusted gross income was a dollars. She had three different casualties last year that were not covered by insurance. A laptop computer valued at x dollars was taken from her gym locker and her car was stolen, and she did not have comprehensive insurance, so she lost y dollars. An ice storm caused z dollars worth of damage that was not covered by insurance. Express her casualty loss algebraically.

The Mazzeo family donated c dollars in cash to charity last tax year. They also donated b bags of used clothing valued at $50 each. They donated two used computers valued at x dollars each to the local food pantry. Express their total charitable contributions algebraically.

The Kivetsky family had an adjusted gross income of $119,245.61. They included medical deductions on Schedule A. They had$14,191 in medical expenses. Medical insurance covered 80% of these expenses. The IRS allows medical and dental expenses deductions for the amount that exceeds 10% of a taxpayer's adjusted gross income. How much can they claim as a medical deduction?

The Lowatsky family had $9,441 worth of hurricane damage that was not covered by insurance. They need to follow IRS procedures to take a casualty deduction on Schedule A. a. The IRS requires that$100 be deducted from each casualty. What is the total casualty loss after the $100 is deducted? b. Their adjusted gross income is$67,481. Find 10% of their adjusted gross income. c. Their Schedule A casualty deduction can be found by subtracting 10% of the adjusted gross income from the answer to part a. What is their casualty loss deduction?

The Lowatsky family had $9,441 worth of hurricane damage that was not covered by insurance. They need to follow IRS procedures to take a casualty deduction on Schedule A. a. The IRS requires that$100 be deducted from each casualty. What is the total casualty loss after the $100 is deducted? b. Their adjusted gross income is$67,481. Find 10% of their adjusted gross income. c. Their Schedule A casualty deduction can be found by subtracting 10% of the adjusted gross income from the answer to part a. What is their casualty loss deduction?

Anita's adjusted gross income was a dollars last year. If she had m dollars of medical expenses last year, and 80% of these expenses were covered by her insurance, express her medical expense deduction algebraically.

Mike and Lisa Lerner had combined wages of $91,301 last year. They also had a bank interest of$792 and $667. They received stock dividends of$287 and $530. During the year, Lisa won a$1,000 prize. Find the total income from wages, bank interest, dividends, and the prize.

How do political parties promote the public good?

The Filipowitz family consists of two parents, four children, and one grandparent that lives with them. If the deduction per exemption is e dollars, express their total deduction for exemptions algebraically.

Anita's adjusted gross income was a dollars last year. The IRS allows medical arid dental expense deductions for the amount that exceeds 10% of a taxpayer's adjusted gross income. If she had m dollars of medical expenses last year, and 80% of these expenses were covered by her insurance, express her medical expense deduction algebraically.

The Starkey family had a total income of i dollars. They also had a dollars in adjustments to income. Express their adjusted gross income algebraically.

Parker is single and paying off his graduate student loan. The monthly payment is $679.34. He is hoping to receive an income tax refund that is large enough to make at least one monthly payment. His taxable income is$77,911 and his employer withheld $19,458 in federal taxes. a. How much of a refund will Tony receive? b. How many loan payments will Parker be able to make with this refund?

Drew is single with a taxable income for last year of $83,472. His employer withheld$16,998 in federal taxes. Use the tax tables from Lesson 7-1 in this workbook to determine Drew's tax. b. Does Drew get a refund? c. Find the difference between Drew's tax and the amount withheld by his employer.