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For calendar year 2020, Stuart and Pamela Gibson file a joint return reflecting AGI of $386,300. Their itemized deductions are as follows: Note: All expenses

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For calendar year 2020, Stuart and Pamela Gibson file a joint return reflecting AGI of $386,300. 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) $73,000 Home mortgage interest (loan qualifies as acquisition indebtedness) 29,200 Credit card interest 1,460 Property taxes on home 21,900 Charitable contributions 40,150 State income tax 25,550 Tax return preparation fees 2,190 Round your final answers to the nearest whole dollar. Calculate the amount of itemized deductions the Gibsons may claim for the year

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