Andy is single and has adjusted gross income of $100,000 in 2021. Additional information is as...

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Andy is single and has adjusted gross income of $100,000 in 2021. Additional information is as follows: Medical expenses $8,000 Mortgage interest on his personal residence 9,000 Real estate property tax paid on his personal residence 3,000 State income taxes paid 2,000 Contribution to a traditional IRA 6,000 Tax preparation fees for his prior year income tax return 400 What amount may Andy claim as itemized deductions on his 2021 income tax return? $15,500 $15,100 $22,000 $14,900 $14,500 Andy is single and has adjusted gross income of $100,000 in 2021. Additional information is as follows: Medical expenses $8,000 Mortgage interest on his personal residence 9,000 Real estate property tax paid on his personal residence 3,000 State income taxes paid 2,000 Contribution to a traditional IRA 6,000 Tax preparation fees for his prior year income tax return 400 What amount may Andy claim as itemized deductions on his 2021 income tax return? $15,500 $15,100 $22,000 $14,900 $14,500

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Answers Answer Correct Option is 14500 Explanation Itemized deductions include amounts you ... View the full answer