Daniel, age 38, is single and has the following income and expenses in 2021: Salary income $99,000 Net rent income 15,500 Dividend income 1,100 Payment of alimony (divorce finalized in March 2019) 20,000 Mortgage interest on residence 5,700 Property tax on residence 3,800 Contribution to traditional IRA (assume the amount is fully deductible) 3,300 Contribution to United Church 2,500 Loss on the sale of real estate (held for investment) 825 Medical expenses 5,650 State income tax 2,400 Federal income tax 2,900 Daniel's standard deduction for 2021 is $12,550.