Bruce and Linda are married, file a joint return for 2015 and have AGI of $389,900. They have the following itemized deductions:

State and Local income taxes 6,500

Real estate taxes 8,000

Home mortgage interest 13,500

Charitable contributions 9,000

Total 37,000

Calculate Bruce and Lindas allowable itemized deductions for 2015 (phase-out for single is $261,500 and for married filing jointly $313,800):

ANSWER IS A but why, plesae explain

a. $34,600

b. $37,000

c. $2,400

d. $20,000

e. none of the above