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Freya and Sebastian Hunter are married and have one child. Sebastian is putting together some figures so he can prepare the Hunters' joint 2018 tax

Freya and Sebastian Hunter are married and have one child. Sebastian is putting together some figures so he can prepare the Hunters' joint 2018 tax return. So far, hes been able to determine the following concerning income and possible deductions:

Total unreimbursed medical expenses incurred $1,155
Gross wages and commissions earned 50,770
IRA contribution 5,000
Mortgage interest paid 5,200
Capital gains realized on assets held less than 12 months 1,400
Income from limited partnership 200
Interest paid on credit cards 400
Qualified dividend income earned 600
Sales taxes paid 2,470
Charitable contributions made 1,250
Capital losses realized 3,500
Interest paid on a car loan 570
Social Security taxes paid 2,700
Property taxes paid 750
State income taxes paid 1,700

Given this information, determine the amount of the available itemized deductions. How much taxable income will the Hunters have in 2018? (Note: Assume that Sebastian is not covered by a pension plan where he works, his child qualifies for the child tax credit, and the standard deduction of $24,000 for married filing jointly applies.) Do not round your intermediate computations.

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