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John, who files as a single taxpayer, had AGI of $90,000 for 2021. He incurred to following expenses and losses during the year: Automobile Loan

John, who files as a single taxpayer, had AGI of $90,000 for 2021. He incurred to following expenses and losses during the year:

Automobile Loan Interest$ 3,000

Casualty Loss (before 10% Limitationbut after $100 floor

- not in a Federally Declared Disaster Area) 15,000

Charitable Contributions -

Church 5,000

Goodwill - clothing costing $1,000 with $500 FMV

Home Mortgage Interest15,000

Medical Expenses - Doctors, etc. 6,000

Medical Insurance Premiums 2,000

Medical Insurance Reimbursements 1,000

Real Estate Taxes 5,000

State Sales Tax 1,500

State & local Income Taxes 6,000

Tax Preparation Fees 500

Unreimbursed Employee Business Expenses 4,000

Part 1 - Compute John's Medical Expense deduction for 2021. Show your calculations for full credit.

Part 2 - Compute John's Itemized Deductions for 2021 starting with the Medical Expense deduction that you calculated in Part 1 above. Show your calculations for full credit.

Part 3 - What is John's potential Standard Deduction for 2021? Should John itemize his deductions or take the standard deduction?

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