Question: rnold and Beth file a joint return in 2021. Use the following data to calculate their deduction for AGI. Mortgage interest on personal residence $

rnold and Beth file a joint return in 2021.

Use the following data to calculate their deduction for AGI.

Mortgage interest on personal residence $ 6,000

Property taxes on personal residence 2,500

Alimony payments 12,000

Moving expenses for new job 7,000

Charitable contributions 1,500

State income taxes 5,000

Investment interest ($8,000 of expenses limited to net investment income of $7,500) 8,000

Unreimbursed employee expenses 2,500

Sales taxes 2,600

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