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(MAKE SURE TO ACCOUNT FOR THE TCJA CHANGES OF 2017 IF RELEVANT) 7 (B). John is single and age 56, has AGI of $265,000, and
(MAKE SURE TO ACCOUNT FOR THE TCJA CHANGES OF 2017 IF RELEVANT)
7 (B). John is single and age 56, has AGI of $265,000, and incurs the following expenditures in 2018. Medical expenses (before 7.5%-of-AGI floor) Interest on home mortgage State income tax State sales tax Real estate tax $27,000 15,500 7,500 4,500 8,600 Charitable contribution 6,500 What is the amount of itemized deductions John may claimStep by Step Solution
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