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Irs F1040sc Form

Irs F1040sc Form

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the focus of this uh video is on schedule a which is itemize the ductions and um here we'll learn how to use expenses like medical expenses dental expenses real estate taxes mortgage interest and donations so we learn how to use these expenses to help reduce the tax liability so for uh this situation we have a merry couple Larry Jones and Mary Jones no children and they uh is a married couple filing jointly and um there they have uh medical and dental expenses total of uh $5,000 for the year 2023 and then they have donations like to charity church and everything all their donations is $2,000 and then their mortgage interest from form 1098 is $9,500 and the real estate taxes is $8500 and this is the husband Larry Jones his W2 so his uh income for the year 2023 is $45,000 and his uh federal income tax with help is $4,000 and this is uh Mary Jones W2 the wife and her salary for 2023 was $50,000 and her federal income tax with heeld is $55,000 and so there uh the combined combined

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