Question: Tracy is single and had an adjusted gross income of

Tracy is single and had an adjusted gross income of $ 37,000 in 2012. Tracy also has the following items:
Unreimbursed medical expenses...... $ 3,000
State income tax...... ....... 1,850
Interest expense (first mortgage)...... 3,040
Interest expense ( second mortgage)...... 1,200
Real estate tax............... 700
Interest expense— car loan......... 550
Interest expense— credit card....... 125
Gifts to charity............. 300
How much may Tracy claim as itemized deductions?

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  • CreatedOctober 13, 2015
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