Evan, age 61, is single and has AGI of $277,300 in 2016. His potential itemized deductions before
Question:
Medical expenses (before the 10%-of-AGI limitation) .............................$28,000
Interest on home mortgage ................................................................8,700
State income taxes ..........................................................................9,500
Real estate taxes ............................................................................3,600
Charitable contributions ...................................................................2,500
After all necessary adjustments are made, what is the amount of itemized deductions
Evan may claim?
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Evan must reduce his medical expenses by 10 of AGI to determine the medical expense deduction In add...View the full answer
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Related Book For 
South Western Federal Taxation 2017 Comprehensive
ISBN: 9781305874169
40th Edition
Authors: William H. Hoffman, David M. Maloney, William A. Raabe, James C. Young
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