Question: Advanced Scenario 5: Archie Hamilton Interview Notes Archie Hamilton is 45 years old and single Archie had wage income of $55,000. He an He also

 Advanced Scenario 5: Archie Hamilton Interview Notes Archie Hamilton is 45years old and single Archie had wage income of $55,000. He an

Advanced Scenario 5: Archie Hamilton Interview Notes Archie Hamilton is 45 years old and single Archie had wage income of $55,000. He an He also had gambling winnings of $1.00 not sure if he should itemize or take the standard deduction. He is not sure if he should . Archie paid the following: - $5,200 qualifying home mortgage interest. - $9,507 for real estate taxes. - $5,040 for state income taxes withheld in 2019. Unreimbursed doctor and dentist bills in the amount of $7,000. - Unreimbursed prescription drugs for $14. - Vitamins for $120. - A statement received from his church showing donations made throughout the year totaling $1,200. - Receipts for donations of furniture and clothing in good, used condition to Goodwill. The total estimated fair market value is $100. - Tax preparation fee of $315 for his 2018 tax return. - $50 paid in 2019 on his 2018 balance due state income tax return. - $45 investment expense - $250 in gambling losses 0. 14,547 C. $10,000 d. $9,507 is Archie able to claim as a deduction on his Form 1040 12. Which of the following is Schedule A? a. Investment expense b. Tax preparation fee c. Gambling losses d. None of the above

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