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19) Arnold and Beth file a joint return in 2017. Use the following data to calculate their deduction for AGI o Mortgage interest on personal
19) Arnold and Beth file a joint return in 2017. Use the following data to calculate their deduction for AGI o Mortgage interest on personal residence $6,000 o Property taxes on personal residence 2,500 o Alimony payments 12,000 o Moving expenses 7,000 o Charitable contributions 1,500 o State income taxes 5,000 o Investment interest ($8,000 of expenses limited to net investment o o income of $7,500) 7,500 Unreimbursed employee expenses 2,500 Sales taxes 2,600
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