Medical Expenses
Taxes
Interest Expense
Contributions
Casualty/Theft Losses
100
The Schedule that medical expenses are entered on.
What is A.
100
One option TPs may use to determine their sales tax deduction @ irs.gov.
What is the sales tax deduction calculator.
100
A type of interest expense that is not deductible.
What is personal interest.
100
The publication listing all qualified non profit organizations.
What is Pub 78.
100
Form used to claim casualty losses.
What is Form 4684
200
The percentage of AGI that medical expenses have to be reduced by.
What is 7.5.
200
Homeowner's association charges.
What is an example of a non-deductible tax.
200
A type of interest expense that is deductible as an adjustment to income ("above the line").
What is student loans.
200
Contributions made by cash, check, payroll deduction or credit card.
What are cash contributions.
200
IRC section allowing casualty losses
What is 165.
300
Persons whose medical expenses a TP may generally deduct.
What is themselves, their spouse and their dependents.
300
Boxes 17 & 19 on a taxpayer's W-2.
What is where you can verify state and local income taxes withheld.
300
After October 13, 1987 this type of home mortgage interest is limited to 1M of debt.
What is interest on home acquisition debt.
300
Churches, Government entities and organizations that have received an exemption under IRC 501
What are qualified charitable organizations.
300
Percentage of AGI that most losses must exceed.
What is 10%
400
An exception to the general rule of medical expenses being allowed for a child that is a dependent.
What is divorce.
400
The tax must be imposed on the taxpayer and be paid during the tax year by the taxpayer.
What are the requirements for taxes to be eligible for a deduction.
400
After 10-13-87, this type of interest is generally limited to 100,000.00 of debt.
What is home equity loan interest.
400
Contributions to a specific individual, nonqualified organizations or to which a benenfit is expected.
What are not deductible charitable contributions.
400
Illegal removal of money or property
What is a theft
500
A situation where the cost of a weight loss program is deductible as a medical expense.
What is when it is prescribed by a doctor.
500
Ad Valorem
What is another term for personal property taxes based only on the value of the property.
500
The type of home that points are allowed to be deductible for.
What is main home only.
500
Used to determine the value of the property at the time of the contribution.
What is fair market value.
500
Destruction of property from a sudden, unexpected event.
What can create a casualty loss.
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