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person’s tax return. What is the maximum deduction available to him
for the $3,200 he paid for educational loan interest in 2009?
2) Which of the following interest expenses incurred by Amanda is
treated as personal interest expense and, therefore not deductible as an
itemized deduction?
3) Which of the following miscellaneous itemized deduction is not
subject to the 2% of adjusted gross income limitation?
4) For the deduction of self-employment taxes, which of the following
statements is correct?
5) Paola is a freshman in the UC-Davis degree program in veterinary
medicine. In 2008, Paola paid $3,000 in tuition, $500 for books, and
$250 for supplies for class. Paola also paid room and board of $3,500.
What is the total qualifying education expense for education loan for
Paola in 2007?
6) Which of the following costs are deductible on Form 1040,
Schedule A, as taxes?
7) Which of the following miscellaneous deductions are subjected to
the 2% of adjusted gross income limitation?
8) During 2009 Shakira paid the following expenses:
What is the total amount of medical expenses that would enter into
the calculation of itemized deductions on Shakira’s 2009 income tax
return?
9) The deduction for qualified tuition and related expenses included?
10) Maria files her tax return married filing separately. She has not
lived with her husband for over two years. Beginning in January 2009,
by court ordered decree, she paid her husband $600 per month as