20. Your adjusted gross income (AGI) is $88,000. You do not own a home but have charitable contributions of $14,500 and $4000 interest on your student loans that you have paid throughout the year. This year you also have medical expenses of $15,000, which must pass an AGI test of 7.5% in order to be deducted. You are allowed a standard deduction of $12,550, there is no personal exemptions this year. What is your taxable income?