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For calendar year 2022, Stuart and Pamela Gibson file a jointreturn reflecting AGI of $350,000. Their itemized deductions are asfollows: Calculate the amount of itemized
For calendar year 2022, Stuart and Pamela Gibson file a jointreturn reflecting AGI of $350,000. Their itemized deductions are asfollows: Calculate the amount of itemized deductions the Gibsons m Casualty loss in a Federally declared disaster area after \( \begin{array}{lr}\$ 100 \text { floor (not covered by insurance) } & \$ 48,600 \\ \text { Home mortgage interest (loan qualifies as acquisi 2 answers
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