Callies filing status is head of household. Callies itemized deductions total $26,500, which include deductions for home
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Callie’s filing status is head of household. Callie’s itemized deductions total $26,500, which include deductions for home mortgage interest, real estate taxes and charitable contributions.
If Callie’s AGI is $339,650, how much of the $26,500 will she be able to deduct from AGI?
a. $16,450
b. $10,050
c. $24,700
d. $26,500
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Related Book For
Essentials Of Federal Income Taxation For Individuals And Business
ISBN: 9780808038009
15th Edition
Authors: Linda M. Johnson
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