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Chapter 5:  Deductions for and from AGI Please address the following: 1.While pr

May 23, 2024

Chapter 5:  Deductions for and from AGI
Please address the following:
1.While preparing Massie Miller’s 2022 Schedule A, you review the following list of possible charitable deductions provided by Massie: see picture 1 attached.
What would you say to Massie regarding her listed deductions? How much of the deduction is allowed for charitable contributions?
2.  In 2022, Gale and Cathy Alexander hosted an exchange student, Axel Muller, for 9 months. Axel was part of International Student Exchange Programs (a qualified organization). Axel attended tenth grade at the local high school. Gale and Cathy did not claim Axel as a dependent but paid the following items for Axel’s well-being: see picture 2 attached.
Gale and Cathy have asked for your help in determining if any of the $4,500 can be deducted as a charitable contribution.
Required: Go to the IRS website (www.irs.govLinks to an external site.) and locate Publication 526. Please answer the question for Gale and Cathy. If they can claim a deduction, be sure to include in your post the amount that can be deducted and any substantiation requirements. 
Please be sure to include at least  APA formatted references for your initial post.  Always begin with your eText for a first source of information. This means that your eText will always be included as a reference in each initial post for each discussion board this semester.  Also, please be sure to reference the IRS web address used. 

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