2. Anderson, a single taxpayer with AGI of $100k had the following activities in 2022. Calculate...

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2. Anderson, a single taxpayer with AGI of $100k had the following activities in 2022. Calculate his Total Itemized deduction (show calculations and detailed explanations for each item) • Anderson paid 15k in mortgage interest in 2022, on his 200k mortgage. • Anderson was bitten by an angry goose and had to be hospitalized for 2 nights. The insurance paid 50k, Anderson had to pay 20k out-of-pocket. Anderson was robbed on his way to work in Dec of 2022. The mugger took his iphone 14 pro max which he bought in Oct 2022 for $1000. 2. Anderson, a single taxpayer with AGI of $100k had the following activities in 2022. Calculate his Total Itemized deduction (show calculations and detailed explanations for each item) • Anderson paid 15k in mortgage interest in 2022, on his 200k mortgage. • Anderson was bitten by an angry goose and had to be hospitalized for 2 nights. The insurance paid 50k, Anderson had to pay 20k out-of-pocket. Anderson was robbed on his way to work in Dec of 2022. The mugger took his iphone 14 pro max which he bought in Oct 2022 for $1000.

Answer rating: 100% (QA)

Step 1 Deductions in taxation I As per IRS there are some expenses which can be allowed for deductio... View the full answer