Hall, a divorced person and custodian of her twelve-year-old child, submitted the following information to the CPA who prepared her 2006 return:
During 2006, Hall spent a total of $1,000 for state lottery tickets. Her lottery winnings in 2006 totaled $200.
Hall’s lottery transactions should be reported as follows:
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Schedule A—itemized deductions |
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Other miscellaneous deductions |
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Other income on page 1 |
Subject to 2% AGI floor |
Not subject to 2% AGI floor |
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|
a. |
$0 |
$0 |
$0 |
|
b. |
$200 |
$0 |
$200 |
|
c. |
$200 |
$200 |
$0 |
|
d. |
$200 |
$0 |
$0 |