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Charles, who is single and age 61, had AGI of $400,000 during 2020. He incurred the following expenses and losses during the year. Medical expenses
Charles, who is single and age 61, had AGI of $400,000 during 2020. He incurred the following expenses and losses during the year.
Medical expenses before AGI floor$28,500
State and local income taxes15,200
Real estate taxes4,400
Home mortgage interest 5,400
Charitable contributions 14,800
Unreimbursed employee expenses8,900
Gambling losses (Charles had $7,400 of gambling income)9,800
Compute Charless total itemized deductions for the year
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