Question: I need help figuring out the answer to this question. Pedro, is a single taxpayer, had AGI of $347,200 for 2017. He incurred the following

I need help figuring out the answer to this question.

Pedro, is a single taxpayer, had AGI of $347,200 for 2017. He incurred the following expenses during the year:

  • Medical expenses before 10%-of-AGI limitation $15,260
  • State and local income taxes $10,416
  • Real estate taxes $2,083
  • Home mortgage interest $17,360
  • Charitable contributions $4,166
  • Deductible investment interest expense $1,562

Compute the amount of Pedro's itemized deductions after any applicable reductions and/or limitations. Round your computations to the nearest dollar and use rounded amounts in subsequent calculations

$____________________

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