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Daniel, age 3 8 , is single and has the following income and expenses in 2 0 2 2 : Salary income $ 1 3

Daniel, age 38, is single and has the following income and expenses in 2022:
Salary income $135,000
Net rent income 21,500
Dividend income 1,100
Payment of alimony (divorce finalized in March 2020)20,000
Mortgage interest on residence 8,300
Property tax on residence 1,800
Contribution to traditional IRA (assume the amount is fully deductible)4,200
Contribution to United Church 1,700
Loss on the sale of real estate (held for investment)1,325
Medical expenses 3,200
State income tax 2,550
Federal income tax 5,600
Daniel's standard deduction for 2022 is $12,950.What is Daniel's gross income and his AGI?
Gross income: $fill in the blank fab967fb0feffcc_10
AGI: $fill in the blank fab967fb0feffcc_11
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b. Should Daniel itemize his deductions from AGI or take the standard deduction?
Because Daniel's total itemized deductions (after any limitations) are $fill in the blank 860521f94ffcfbb_1
, he would benefit from
.

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