Problem 6-34 (b) (LO. 1) Diego, age 56, a school teacher, is married and has decided to file married, filing separately. His wife plans to itemize her deductions. He has the following income and expenses in 2020: Salary income $31,000 Gain on sale of investments 5,000 Cash prize 750 Jury fees 50 Credit card interest 345 Property tax on personal sailboat Medical expenses 10,614 Interest paid on his student loans 1,800 Teacher supplies for his second grade elementary class State income tax 2,100 Federal income tax $6,400 800 500 a. Classify the following expenses as either "Deductible for AGI", "Deductible from AGI", or "Not deductible". Credit card interest Deductible for AGI Property tax on personal sailboat Not deductible Medical expenses Deductible from AGI Teacher supplies for his second grade elementary class Deductible for AGI State income tax Deductible from AGI Federal income tax Not deductible $6,400 Federal income tax a. Classify the following expenses as either "Deductible for AGI", "Deductible from AGI", or "Not deductible", Credit card interest Deductible for AGI Property tax on personal sailboat Not deductible Medical expenses Deductible from AGI Teacher supplies for his second grade elementary class Deductible for AGI State income tax Deductible from AGI Federal income tax Not deductible The standard deduction for married filing separate $12,400 If required, round any computation to the nearest dollar. b. Diego's gross income is $ 36,800 and his AGI is $ C. Compute the amount of his total itemized deductions (after any limitations): $ d. Compute his taxable income. $