Question: 1 ) Form 1 0 4 0 Line 1 _ _ _ _ _ ( W - 2 wages, enter without comma or $ )

1) Form 1040 Line 1_____(W-2 wages, enter without comma or $)?
2) Taxable interest on 1040 Line 2b ______?
3) Ordinary dividends (1040 Line 3b)_______?
4) taxable amount of annuities (1040 Line 5b)________
5) Schedule 1, Line 1 Taxable refunds (enter 0 if none)_____
6) Schedule 1, Total other income (enter 0 if none)______
7) Form 1040 Line 9(Total income)
8) Schedule 1, Student loan interest deduction _____
9) Form 1040, Adjusted Gross Income _____
10) Schedule A LIne 4(Medical and Dental)______
11) Schedule A Line 5a (State income tax paid)______
12) Schedule A Line 5b (Real estate taxes)__
13) Julie can deduct the social security tax paid as an itemized deduction on Schedule-A. T or F
14) Schedule A Line 7_______
15) Schedule A Line 10(Interest you paid)___
16) Schedule-A Line 16 Other Itemized Deductions ____
17) Schedule-A Total Itemized Deductions ______
18) Form 1040 Line 12a (Standard or Itemized Deduction)______
(The standard deduction for Single is 12550 in 2021)
19) Taxable income _______
20) Total Tax (Form 1040 Line 16)_______
21) The Personal-use car loan interest can be a deduction From AGI
22) Where could Julie deduct the utilities and insurance on the cottage in Montana? She does not live there and plans to rent it out for income next year.
Question 22 options:
On Schedule-A as Itemized Deduction next year
On Schedule-C as Deduction For AGI next year
On Schedule-E as Deduction For AGI next year
None of the above
23) Julie can deduct the attorney fees to execute her father's will. T or f

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