Question: Helen White Interview Notes Helen is 53 years old and files as single. Her 2023 adjusted gross income (AG) is $51,000, which includes
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
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Helen can indeed claim the 150 Homeowners association fees as a deducti... View full answer
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