QUESTION 29 The phase-out exemptions as it was in the law in 1991 and again in 2013 . Currently apples Phased out only personal not dependency exemptions o Depended on nnot AGL od Does not currently apply. O. None of the above QUESTION 30 Which of the folowing characteristics, if any, does correctly describe the procedure used for the phase-out of exemptions when it applied . For the phase-out procedure to be appled, a taxpayers AGI had to exceed a threshold amount of AGI The threshold amounts were different and depend on filing status (eg.joint retum, single) The threshold amounts were indexed for inflation each year od The exemptions for dependents and the personal exemptions were phased out All of the above $3.000 this year What QUESTION 31 Hide had gross income of 562,000, a deductible IRA contribution of $2,000, medical expenses of $5,000, mortgage interest paid of $5,500, and other s the total of her itemized deductions for this year? a $7,800 O $6,500 $13,500 d $15.500 None of the above QUESTION 29 The phase-out of exemptions as it was in the law in 1991 and again in 2013 Currently applies b. Phased out only personal not dependency exemptions Depended on Tl not AGI od Does not currently apply. None of the above QUESTION 30 Which of the following characteristics, if any, does correctly describe the procedure used for the phase-out of exemptions when it applied: a For the phase-out procedure to be applied, a taxpayer's AGI had to exceed a threshold amount of AGI. b. The threshold amounts were different and depend on filing status (e.9., joint return, single) c. The threshold amounts were indexed for inflation each year. od. The exemptions for dependents and the personal exemptions were phased out e. All of the above. QUESTION 29 The phase-out exemptions as it was in the law in 1991 and again in 2013 . Currently apples Phased out only personal not dependency exemptions o Depended on nnot AGL od Does not currently apply. O. None of the above QUESTION 30 Which of the folowing characteristics, if any, does correctly describe the procedure used for the phase-out of exemptions when it applied . For the phase-out procedure to be appled, a taxpayers AGI had to exceed a threshold amount of AGI The threshold amounts were different and depend on filing status (eg.joint retum, single) The threshold amounts were indexed for inflation each year od The exemptions for dependents and the personal exemptions were phased out All of the above $3.000 this year What QUESTION 31 Hide had gross income of 562,000, a deductible IRA contribution of $2,000, medical expenses of $5,000, mortgage interest paid of $5,500, and other s the total of her itemized deductions for this year? a $7,800 O $6,500 $13,500 d $15.500 None of the above QUESTION 29 The phase-out of exemptions as it was in the law in 1991 and again in 2013 Currently applies b. Phased out only personal not dependency exemptions Depended on Tl not AGI od Does not currently apply. None of the above QUESTION 30 Which of the following characteristics, if any, does correctly describe the procedure used for the phase-out of exemptions when it applied: a For the phase-out procedure to be applied, a taxpayer's AGI had to exceed a threshold amount of AGI. b. The threshold amounts were different and depend on filing status (e.9., joint return, single) c. The threshold amounts were indexed for inflation each year. od. The exemptions for dependents and the personal exemptions were phased out e. All of the above