Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 24 Aug 2017 My Price 5.00

potential itemized deductions

42.   LO.2,  3,  4,  5, 6, 7, 8       Evan, age 61, is single and has AGI of $277,300 in 2015. His

potential itemized deductions before any limitations for the year total $52,300 and consist of the following:

 

Medical expenses (before the 10%-of-AGI  limitation)

$28,000

Interest on home mortgage

8,700

State income taxes

9,500

Real estate taxes

3,600

Charitable contributions

2,500

 

After all necessary adjustments are made, what is the amount of itemized deductions Evan may claim?

 

Answers

Maurice Tutor
(5)
Status NEW Posted 24 Aug 2017 09:08 PM My Price 5.00

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