1) Elsie, who files as a single taxpayer, has AGI of $200,000 in 2020. She incurred the following expenses during the year: State and local income taxes 9,800 State sales tax 6,200 Real estate taxes 8,400 Home mortgage interest 16,000 Student loan interest 2,000 Traditional IRA contribution 6,000 Charitable contributions 1,000 Medical expenses (before 7.5% floor) 8,600 Personal property (car) tax 400 Julie's allowable itemized deductions are:

2)

Julie, who files as a single taxpayer, has AGI of $100,000 in 2020. She incurred the following expenses during the year:

State and local income taxes	5,800
Contributions to a Health Savings account	3,200
Student loan interest	4,000
Home mortgage interest	8,000
Roth IRA contribution	2,000
Traditional IRA contribution	2,000
Charitable contributions	1,000
Health insurance premiums	6,000
Gambling losses (gambling winnings were $2,000)	400

Assuming Julie is NOT self-employed, Julie's allowable deductions FOR AGI (above the line) are:

		$7,700
		$5,500
		$9,200
		$5,600