Question: Advanced Scenario 5: Helen White Interview Notes Helen is 53 years old and files as single. Her 2023 adjusted gross income (AG) is $51,000, which
Advanced Scenario 5: Helen White Interview Notes Helen is 53 years old and files as single. Her 2023 adjusted gross income (AG) is $51,000, which includes gambling winnings of $2,000. Helen would like to itemize her deductions this year. Helen brings documents for the following expenses: $9,000 Hospital and doctor bills $500 Contributions to Health Savings Account (HSA) $3,600 State withholding (higher than Helen's calculated state sales tax deduction) $300 Personal property taxes based on the value of the vehicle $400 Friend's personal GoFundMe campaign $275 Cash contributions to the Red Cross $200 Fair market value of clothing in good condition donated to the Salvation Army (Helen purchas clothing for $900) $7,300 Mortgage interest $2,300 Real estate tax $150 Homeowners association fees $3,000 Gambling losses Advanced Scenario 5: Test Questions 11. Helen can claim the $150 Homeowners association fees as a deduction on her Schedule A. a. True b. False 12. What amount of gambling losses is Helen eligible to claim as a deduction on her Schedule A? a. $0 b. $1,000 . $2,000 d.$3,000
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