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24. George is single and age 56, has AGI of $265,000, and incurs the following expenditures in 2016. Medical expenses (before 10%-of-AGI floor) 27,000 Interest
24. George is single and age 56, has AGI of $265,000, and incurs the following expenditures in 2016.
Medical expenses (before 10%-of-AGI floor) 27,000
Interest on home mortgage 15,000
State income tax 7,500
State sales tax 4,500
Real estate tax 8,600
Charitable contribution 6,500
What is the amount of itemized deductions George may claim?
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