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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 50,700
IRA contribution 5,000
Mortgage interest paid 5,200
Capital gains realized on assets held less than 12 months 1,500
Income from limited partnership 150
Interest paid on credit cards 400
Qualified dividend income earned 620
Sales taxes paid 2,450
Charitable contributions made 1,150
Capital losses realized 3,475
Interest paid on a car loan 550
Social Security taxes paid 2,800
Property taxes paid 700
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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