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John and May are married with two dependent children, file a joint return. They provide you with the following information: Medical and dental expenses (not
John and May are married with two dependent children, file a joint return. They provide you with the following information:
Medical and dental expenses (not reimbursed) | $ 3,650 |
State income taxes | 3,950 |
Real estate taxes | 4,710 |
Personal property taxes (ad valorem) | 325 |
Interest on home mortgage | 17,800 |
Form 4952 shows deductible investment interest | 800 |
Charitable contributions (made by cash or check) | 2,000 |
Form 4684 shows a casualty loss deduction | 600 |
AGI | 188,850 |
What is the total amount of John and Mays itemized deductions?
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