Question: Problem 2: Deductions for Personal Activities Robert and Chris Jones are married and report AGI of $200,000 in 2022. They also provided the following

Problem 2: Deductions for Personal Activities Robert and Chris Jones are married and report AGI of $200,000 in 2022. They also provided the following information about their expenditures throughout the year: Expenditures Surgical Procedure to repair leg injury 15,000 Doctor Visits 5,000 Elective cosmetic surgery 3,000 State Income Taxes 5,000 Property Taxes on Principal residence 1,000 Property Taxes on Vacation Home 2,000 Utilities for vacation home 20,000 Local Sales tax per IRS table 500 Mortgage Interest 30,000 Investment Interest 500 Cash Contributions to qualified charitable organizations 130,000
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