Audrey donated the following items during the year:
Tithes to her church $ 4,689
Clothing to the Salvation Army 650
United Way payroll deduction 500
Audrey volunteered at the local homeless shelter during the year. She worked for an hour per day Monday through Friday and 8 hours on Saturday. Audrey worked a total of 279 days during the year. She had to have uniforms which cost $215, and she wore safety shoes (required by the shelter) which cost $65. Audrey traveled 5 miles each way to get to the homeless shelter. Audrey's AGI is $200,000. What is the amount of Audrey’s charitable contribution deduction for the tax year?
a) $5,839
b) $6,119
c) $5,619
d) $6,510
| Tithes to her church | $ 4,689 |
| Clothing to the Salvation Army | $ 650 |
| United Way payroll deduction | $ 500 |
| Voluntary Service Uniform Costs | $ 215 |
| Voluntary Service Safety Shoe | $ 65 |
| Total Charitable Contribution | $ 6,119 |
Audrey donated the following items during the year: Tithes to her church $ 4,689 Clothing to...
Ellen donated $30,000 to the First Episcopalian Church in her hometown. She also gave $10,000 in cash to the United Way. Ellen's AGI is $70,000. What is her allowable itemizable charitable deduction for this year? Group of answer choices $30,000 $42,000 $40,000 $21,000
Zeke made the following donations to qualified charitable organizations during the year 2019: Basis Fair Market Value Used clothing (all acquired at least 18 months ago) of taxpayer and his family $1,350 $375 Stock in ABC, Inc., held as an investment for 15 months $12,000 $10,875 Stock in MNO, Inc., held as an investment for 11 months $15,000 $18,000 Real estate held as an investment for 2 years $15,000 $30,000 The used clothing was donated to the Salvation Army;...
Note: This problem is for the 2018 tax year. Alice J. and Bruce M. Byrd are married taxpayers who file a joint return. Their Social Security numbers are 123-45-6789 and 111-11-1112, respectively. Alice's birthday is September 21, 1971, and Bruce's is June 27, 1970. They live at 473 Revere Avenue, Lowell, MA 01850. Alice is the office manager for Lowell Dental Clinic, 433 Broad Street, Lowell, MA 01850 (employer identification number 98-7654321). Bruce is the manager of a Super Burgers...
Please complete the 2018 federal income tax return for Tim and Linda Jones. Ignore the requirement to attach the form(s) W-2 to the front page of the Form 1040. If required information is missing, use reasonable assumptions to fill in the gaps. Tim and Linda Jones live in Dyer brook, Maine. Tim is the Vice-President of Sales at a small start-up company. Linda is a former advertising executive who currently consults with former clients. The Joneses have three children Holly...