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During the current tax year, Doug incurs the following deductible expenses: State Income Tax $2,300 Local Property Tax $3,000 Medical Expenses $ 800 Charitable Contributions

During the current tax year, Doug incurs the following deductible expenses:

State Income Tax $2,300

Local Property Tax $3,000

Medical Expenses $ 800

Charitable Contributions $2,000

Doug is 33, single with no dependents. His has $35,000 AGI for the year.

What is the amount of Doug's taxable income.

AGI
Less itemized deductions:
Medical: $ 800
Less: 10% of AGI 300
Deductible medical expenses $ -
State income taxes
Local property taxes
Charitable contributions
Total itemized deductions
Compare to standard deduction
Deduction (itemized > standard)
Personal exemption
Taxable income $ -

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