Deductions for agi or from agi

Reference no: EM13987641

During the current year, Robert pays the following amounts associated with his own residence:

Property taxes	$3,000
Mortgage interest	8,000
Repairs	1,200
Utilities	2,700
Replacement of roof	4,000

In addition, Robert paid $1,500 of property taxes on the home that is owned and used by Anne, his daughter.

a. Which of these expenses can Robert deduct?

b. Can Anne deduct the $1,500 of property taxes?

c. Are the deductions for AGI or from AGI (itemized)?

d. How could the tax consequences be improved?

Reference no: EM13987641

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