Business, 01.03.2021 21:50 wickedskatboarder
George is single and age 56, has AGI of $265,000, and incurs the following expenditures:
Medical expenses (before 7.5%-of-AGI floor) $27,000
Interest on home mortgage 15,500
State income tax 7,500
State sales tax 4,500
Real estate tax 8,600
Charitable contribution 6,500
What is the amount of itemized deductions George may claim?
Answers: 2
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George is single and age 56, has AGI of $265,000, and incurs the following expenditures:
Medical ex...
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