AC 309 Park University Adjusted Gross Income and Itemized Deductions Worksheet
Description
Bob is working on his 2018 Form 1040 – he just finished computing his Adjusted Gross Income (“AGI”) on Line 7 of his Form 1040. He has asked if you could help him prepare his 2018 Schedule A – Itemized Deductions. Bob’s 2018 AGI reported on his Form 1040, Line 7 is $101,520.00, and he is a single taxpayer.
Directions
- Prepare Schedule A
- Download Application Assignment – Individual Deductions.docx and Schedule A – Individual Deductions Practical Application.pdf.
- Complete Lines 1 – 17 of Schedule A using the table of information provided within the “PBC” document.
- Submit the completed tax form.