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For calendar year 2018, Stuart and Pamela Gibson file a joint return reflecting AGI of $353,800. Their itemized deductions are as follows. For calendar year
For calendar year 2018, Stuart and Pamela Gibson file a joint return reflecting AGI of $353,800. Their itemized deductions are as follows.
For calendar year 2018, Stuart and Pamela Gibson file a joint return reflecting AGI of $353,800. Their itemized deductions are as follows Note: All expenses are before any applicable limitations, unless otherwise noted. Casualty loss in a Federally declared disaster area after $100 floor (not covered by insurance) Home mortgage interest (loan qualifies as acquisition indebtedness) Credit card interest Property taxes on home Charitable contributions State income tax Tax return preparation fees $47,800 19,120 956 14,340 26,290 16,730 1,434 Round your final answers to the nearest whole dollar The amount of itemized deductions the Gibsons may claim for the year isStep by Step Solution
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