26. LO3 Determine the maximum deduction from AGI for 2018 for each of the following taxpayers:a. Pedro is single and maintains a household for his father. His father is not a dependent of Pedro's. Pedro'sitemized deductions are $12,100.b. Jie and Ling are married. Jie is 66 years old, and Ling is 62. They have itemized deductions of $19,000.c. Myron and Samantha are married, and both are 38 years of age. Samantha is legally blind. They haveitemized deductions of $24,500.d. Joelynn is divorced and maintains a home for her 21-year-old son, who is a part-time student at the localuniversity. He pays less than one-half of his support and his earned income for the year is $3,900. Heritemized deductions are $17,000.e. Frank is 66 years of age. During the year, his wife dies. His itemized deductions are $23,700.f. Assume the same facts as in part e, except that Frank's wife dies in 2016.

26. LO3 Determine the maximum deduction from AGI for 2018 for each of the following taxpayers: a. Pedro is single and maintains a household for his father. His father is not a dependent of Pedro's. Pedro's itemized deductions are $12,100.

26. LO3 Determine the maximum deduction from AGI for 2018 for each of the following taxpayers: a. Pedro is single and maintains a household for his father. His father is not a dependent of Pedro's. Pedro's itemized deductions are $12,100.

SWFT Individual Income Taxes

43rd Edition

ISBN:9780357391365

Author:YOUNG

Publisher:YOUNG

Chapter10: Deductions And Losses: Certain Itemized Deductions

Section: Chapter Questions

Problem 30P

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Question

26. LO3 Determine the maximum deduction from AGI for 2018 for each of the following taxpayers:
a. Pedro is single and maintains a household for his father. His father is not a dependent of Pedro's. Pedro's
itemized deductions are $12,100.
b. Jie and Ling are married. Jie is 66 years old, and Ling is 62. They have itemized deductions of $19,000.
c. Myron and Samantha are married, and both are 38 years of age. Samantha is legally blind. They have
itemized deductions of $24,500.
d. Joelynn is divorced and maintains a home for her 21-year-old son, who is a part-time student at the local
university. He pays less than one-half of his support and his earned income for the year is $3,900. Her
itemized deductions are $17,000.
e. Frank is 66 years of age. During the year, his wife dies. His itemized deductions are $23,700.
f. Assume the same facts as in part e, except that Frank's wife dies in 2016.

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