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For calendar year 2022, Stuart and Pamela Gibson file a joint return reflecting AGI of $350,000. Their itemized deductions are as follows: Calculate the amount

For calendar year 2022, Stuart and Pamela Gibson file a joint return reflecting AGI of $350,000. Their itemized deductions are as follows:

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Calculate the amount of itemized deductions the Gibsons may claim for the year.

Casualty loss in a Federally declared disaster area after $100floor(notcoveredbyinsurance)Homemortgageinterest(loanqualifiesasacquisitionindebtedness)CreditcardinterestPropertytaxesonhomeCharitablecontributionsStateincometaxTaxreturnpreparationfees$48,60019,00080016,30028,70018,0001,200

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