do everything all of the questions its all one question I will give you thumbs up and whatever else you want

5. Itemized Deduction. Andy's adjusted gross income is $78,000. She has $5,200 in unreimbursed medical expenses. How much in medical expenses can she claim as an itemized deduction? -. Impact on Taxes. Steve has a marginal tax rate of 15%. He suddenly realizes that he neglected to include a $7,000 tax deduction. How will this oversight affect his taxes? Impact on Taxes. From question 24, if Steve had forgotten a $7000 tax credit (instead of a $7000 tax deduction), how would his taxes be affected? Your adjusted gross income (AGI) is $65,000. You are single and do not own a home but have charitable contributions of $17500 and $2500 interest on your student loans that you have paid throughout the year. This year you also have medical expenses of $12,000, which must pass a AGI test of 7.5% in order to be deducted. You are allowed a standard deduction of $12,400. What is your taxable income? You are single and earns and income of $85,000 a year. Recently, you sold stocks that you had held longer than a year for a gain of $25,000. How much tax will you pay on this gain? D and J are married and file a joint return. They live in New York. The standard deduction for their filing status is $24,800 They have the following itemized deductions: Medical Bills that exceeded the 7.5% limit $12,500 Mortgage Interest expense $15,500 Property tax $10,000 State Sales tax $7000 Miscellaneous deductions $1550 uld they itemize their deductions or use the standard deduction