Question: Problem 10-40 (LO. 2, 3, 4, 5, 6, 7) For calendar year 2022, Stuart and Pamela Gibson file a joint return reflecting AGI of $350,000.

Problem 10-40 (LO. 2, 3, 4, 5, 6, 7) For calendar

Problem 10-40 (LO. 2, 3, 4, 5, 6, 7) For calendar year 2022, Stuart and Pamela Gibson file a joint return reflecting AGI of \$350,000. Their itemized deductions are as follows: Note: All expenses are before any applicable limitations, unless otherwise noted. Round your intermediate computations to nearest whole dollar. Calculate the amount of itemized deductions the Gibsons may claim for the year. \&

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