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Jack and Jill Jones file a joint return for 2021. They paid the following: Doctors (for qualifying medical care) $20,000 Real estate taxes on personal
Jack and Jill Jones file a joint return for 2021. They paid the following:
Doctors (for qualifying medical care) $20,000
Real estate taxes on personal residence 10,000
State income taxes 5,000
Interest on principal residence 20,000
Contribution of Apple to stock to qualifying charity:
FMV of sock $100,000
Adjusted basis of stock $20,000
The Jones AGI is $100,000. What are their total deductible itemized deductions for the year (skipping any phasout rules)_______________________
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