20. LO. 6 Susan traveled to rural Tennessee during the year to do volunteer work for one week for Habitat for Humanity. She normally receives $ 2,000 salary per week at her job and is planning to deduct the $ 2,000 as a charitable contribution. In addition, Susan incurred the following costs in connection with the trip: $ 300 for transportation, $ 700 for lodging, and $ 250 for meals. What is Susan’ s deduction associated with this charitable activity?
28. LO. 2 During 2014, Susan, age 49, incurred and paid the following expenses for Beth( her daughter), Ed( her father), and herself:
Surgery for Beth $ 4,500
Red River Academy charges for Beth:
Tuition 5,100
Room, board, and other expenses 4,800
Psychiatric treatment 5,100
Doctor bills for Ed 2,200
Prescription drugs for Susan, Beth, and Ed 780
Insulin for Ed 540
Nonprescription drugs for Susan, Beth, and Ed 570
Charges at Heartland Nursing Home for Ed:
Chapter 11
5. LO. 3 Explain the meaning of the terms active income, portfolio income, and passive income.