A high income joint-filing taxpayer has $12,000 in real estate taxes and $25,000 in state income taxes paid during the year. These are considered personal and not in connection to the production of income. What amount of these expenses can be itemized? Select one: a. $10,000; This is the cap on state and local taxes paid that can be claimed as an itemized deduction. b. $18,500; These are allowed but reduced by 50%. c. $0; These deductions are suspended from TY2018 through TY2025. d. $37,000; The entire amount.