Please go to (https://www.irs.gov/pub/irs-pdf/f6744.pdf) or google IRS FORM-6744
ID: 2596270 • Letter: P
Question
Please go to (https://www.irs.gov/pub/irs-pdf/f6744.pdf) or google IRS FORM-6744 and go to basic scenario 9
26. Which of Justin and Jenna’s expenses are includible as itemized deductions on Schedule A? (Select all that apply) a. Unreimbursed doctor bills for Jenna, Justin and, Ava for $1,200. b. Unreimbursed prescription drugs for $200. c. Health club dues of $100. d. Real estate taxes of $4,150. e. $25 donated to a friend.
27. Justin and Jenna had a state refund of $160. Should this amount be included on their tax return as income in 2017? a. Yes b. No
28. To compute the lifetime learning credit, which of Jenna’s expenses qualify? a. Course-related books b. Tuition c. Tuition and books d. No expenses can be claimed since Jenna already has her Master’s Degree
29. What is the amount of Justin and Jenna’s earned income tax credit reported in the payments section on page 2 of their tax return? a. $0 b. $828 c. $836 d. $860
30. What is the total amount of Justin and Jenna’s adjustments to income on their Form 1040, line 36? a. $0 b. $15 c. $250 d. $265
Explanation / Answer
26. a) Unreimbursed doctor bills of jenna, justin and ava for 1200
b) Unreimbursed prescription drugs
d) Real estate taxes of 4150
-unreimbursed medical expenses exceeding 10% of adjusted gross taxable income are deductible.
27. Yes:- State refund of 160 is considered as taxable income
28. from the information here. b) tution fee qualifies