The Leons' real estate taxes, medical insurance premium, out of pocket doctor's fees and dental expenses, and home mortgage interest can all be claimed as deductions. Their driver's license renewal and veterinarian expenses cannot.
Based on the Leons' allowable itemized deductions, the amount that must be entered on Form 1040, is $7,297. Here are the correct answers for each line on Schedule A:
Line 1: $2,923 |
Line 8a: $5,629 |
Click here to view the answers correctly entered on Schedule A.