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6. Martin is a single individual with a salary of $100,000. He does not participate in a retirement plan at work. Martin incurred and paid
6. Martin is a single individual with a salary of $100,000. He does not participate in a retirement plan at work. Martin incurred and paid the following expenses during 2018: Medical expenses Alimony (Pre-2019 divorce agreement) Charitable contributions Casualty loss (after $100 floor) Mortgage interest on personal residence Property taxes on personal residence Moving expenses Contribution to a traditional IRA State & local income taxes paid $5,000 24,000 2,000 1,000 4,500 4,200 2,500 4,000 1,300 (a) >> Calculate Martin's deductions for AGI. (b) >Calculate Martin's deductions from AGI. (c) >>Should he itemize or take the standard deduction for 2018? Show all calculations
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