question archive Use the case study information below to complete the assignment

Use the case study information below to complete the assignment

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Use the case study information below to complete the assignment. Case Study Ron and Sue Johnson are married with two children, Ed, age 10, and Joe, age 19. Joe is a full-time student at the state university. The Johnsons own their home and live in Arizona. Sue is a CPA and sings in her church choir. The AGI for the Johnsons is $100,000. The Johnsons incurred the expenses shown in the box below. To complete the assignment: 1. Download the form Schedule A(opens in a new tab). 2. Complete Schedule A for Ron and Sue Johnson using the information in the case study and the transactions below. Expenses for Ron and Sue Johnson Points in the amount of $3,000 paid on the loan for the home purchase. Medical insurance premiums totaling $1,000 per month. Student loan interest of $100 on a qualified higher education loan used to pay for Sue's college tuition. Homeowner’s insurance of $650 on personal residence. Alimony payments made by Ron to a former spouse (pre-2019 divorce agreement) totaling $10,000. Sue made a $2,500 Roth contribution. Ron made an $8,000 IRA contribution. Mortgage interest of $5,000. Casualty loss on car from a fire of $8,000. Church contributions of $4,000. Purchase of new automobile sales tax of $950. Income taxes paid to Arizona of $500. Mortgage insurance premiums totaling $2,300. Personal property taxes of $400. Real-estate taxes of $3,500.

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