Evan is single and has AGI of $277,300 in 2022. His potential itemized deductions before any limitations

Question:

Evan is single and has AGI of $277,300 in 2022. His potential itemized deductions before any limitations for the year total $52,300 and consist of the following:Medical expenses (before the 7.5%-of-AGI limitation) Interest on home mortgage State income taxes Real estate

After all necessary adjustments are made, what is the amount of itemized deductions Evan may claim?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

South Western Federal Taxation 2023 Comprehensive Volume

ISBN: 9780357719688

46th Edition

Authors: Annette Nellen, Andrew D. Cuccia, Mark Persellin, James C. Young

Question Posted: