Reference no: EM132509850

Questions -

Q1. Janice won $2,500 from the lottery on March 17th. She won $250 more on June 19th. She spent a total of $1,800 in lottery tickets during the year. After Janice won the lottery, her friend, Agnes, gave her $135 in lottery tickets that she (Agnes) had purchased during the year. What amount of income must Janice report on her return from gambling winnings?

a) $2,750

b) $815

c) $950

d) $0

Q2. The Hunters have significant medical expenses to include on Schedule A for this year's tax return. Which of the following medical expenses is listed incorrectly as deductible?

a) Medical insurance premiums

b) Medical service fees

c) Meals and lodging in a nursing home when the taxpayer is there for non-medical reasons

d) Travel expenses deemed necessary for treatment for alcoholism

Q3. In 2017, Henry drove 1,200 miles in total for his outpatient medical treatments. What is Henry's mileage expense if the standard mileage rate was taken?

a) $204

b) $168

c) $642

d) Not allowed