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48. Mickey is a 12-year-old dialysis patient. Three times a week he
and his mother, Sue, drive 20 miles one way to Mickey’s dialysis
clinic. On the way home they go 10 miles out of their way to stop
at Mickey’s favorite restaurant. Their total round trip is 50 miles
per day. How many of those miles, if any, can Sue use to calculate
an itemized deduction for transportation? Use the mileage rate in
effect for 2010. Explain your answer.
52. On April 1, 2010, Paul sold a house to Amy. The property tax
on the house, which is based on a calendar year, was due
September 1, 2010. Amy paid the full amount of property tax of $
2,500. Calculate both Paul’s and Amy’s allowable deductions for
the property tax. Assume a 365 day year.
53. In 2009 Sherri, a single taxpayer, had $3,600 in state tax
withheld from her paycheck. She properly deducted that amount
on her 2009 tax return as an itemized deduction that she qualified
for, thus reducing her tax liability. After filing her 2009 tax
return, Sherri discovered that she had overpaid her state tax by
$316. She received her refund in July 2010. What must Sherri do
with the $ 316 refund? Explain your answer.
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ACC 401 Week 2 Quiz (UOP)
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