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2. If Lola Harper had the following itemized deductions, should she use Schedule A or the standard deduction? The standard deduction for her tax situation is $12,000. (LO 4.2) Donations to church and other charities, $6,050 Medical and dental expenses exceeding 10 percent of adjusted gross income, $2,400 State income tax, $4,690 3. Kaye Blanchard is 50 years old. She has $30,000 of adjusted gross income and $8,000 of qualified medical expenses. She will be itemizing her tax deductions this year. How much of a tax deduction will Kaye be able to deduct (assume 10% floor for deduction)? (LO 4.2) 4. Imari Brown arrived at the following tax information: Gross salary, $36,145 Additional small business income, $10,000 Interest earnings, $205 Dividend income, $65 Standard deduction, $12,000 Itemized deductions, $14,250 Adjustments (subtractions) to income, $5,000 What amount would Imari report as taxable income? (LO 4.2) Income = Itemized deduction = $14,250 (vs. standard deduction?) Adjustments to income = \$5,000 Taxable income = $

          2. If Lola Harper had the following itemized deductions, should she use Schedule A or
the standard deduction? The standard deduction for her tax situation is $12,000. (LO
4.2)
Donations to church and other charities, $6,050
Medical and dental expenses exceeding 10 percent of adjusted gross income,
$2,400
State income tax, $4,690
3. Kaye Blanchard is 50 years old. She has $30,000 of adjusted gross income and
$8,000 of qualified medical expenses. She will be itemizing her tax deductions this year.
How much of a tax deduction will Kaye be able to deduct (assume 10% floor for
deduction)? (LO 4.2)
4. Imari Brown arrived at the following tax information:
Gross salary, $36,145
Additional small business income, $10,000
Interest earnings, $205
Dividend income, $65
Standard deduction, $12,000
Itemized deductions, $14,250
Adjustments (subtractions) to income, $5,000
What amount would Imari report as taxable income? (LO 4.2)
Income = 
Itemized deduction = $14,250 (vs. standard deduction?)
Adjustments to income = \$5,000
Taxable income = $

2. If Lola Harper had the following itemized deductions, should she use Schedule A or
the standard deduction? The standard deduction for her tax situation is 12,000. (LO
4.2)
Donations to church and other charities,6,050
Medical and dental expenses exceeding 10 percent of adjusted gross income,
2,400
State income tax,4,690
3. Kaye Blanchard is 50 years old. She has 30,000 of adjusted gross income and8,000 of qualified medical expenses. She will be itemizing her tax deductions this year.
How much of a tax deduction will Kaye be able to deduct (assume 10% floor for
deduction)? (LO 4.2)
4. Imari Brown arrived at the following tax information:
Gross salary, 36,145
Additional small business income,10,000
Interest earnings, 205
Dividend income,65
Standard deduction, 12,000
Itemized deductions,14,250
Adjustments (subtractions) to income, 5,000
What amount would Imari report as taxable income? (LO 4.2)
Income =
Itemized deduction =14,250 (vs. standard deduction?)
Adjustments to income = $5,000
Taxable income =

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