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Business, 04.12.2019 01:31 Franky7035

Tom lewis, a single taxpayer, had the following income and expense items for the current year: wages $ 55,000 long-term capital loss 4,000 deductible ira contribution (tom is not covered by a retirement plan at work) 2,000 mortgage interest on personal residence 5,000 medical expenses not covered by insurance 6,000 tom's 2019 standard deduction amount 12,200 assuming the medical expense deduction threshold is 10%, what is tom's total deductible itemized deduction amount for the year?

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Tom lewis, a single taxpayer, had the following income and expense items for the current year: wage...
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