Schedule A (Form 1040) Itemized Deductions, 2021

Schedule A (Form 1040) Itemized Deductions, 2021

Summary: This is an example of Schedule A (Form 1040), 2021, as pertains to the estate described in the text. The completed line items are:

"Name(s) shown on return" field contains Thomas Smith Bankruptcy Estate

"Your social security number" field contains 22-0000000

"5a. State and local income taxes. A. State and local income taxes or general sales taxes. You may include either income taxes or general sales taxes on line 5a, but not both. If you elect to include general sales taxes instead of income taxes, check this box " field contains 1,000
"5b. State and local real estate taxes (see instructions)" field contains 4,000
"5d. Add lines 5a through 5c." field contains 5,000
"5e. Enter the smaller of line 5d or $10,000 ($5,000 if married fling separately)" field contains 5,000
"7. Add lines 5e and 6" field contains 5,000
"8a. Home mortgage interest and points reported to you on Form 1098. See instructions if limited" field contains 10,000
"8e. Add lines 8a through 8d" field contains 10,000
"10. Add lines 8e and 9" field contains 10,000
"17. Add the amounts in the far right column for lines 4 through 16. Also, enter this amount on Form 1040 or 1040-SR, line 12a" field contains 15,000