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Michael is single with AGI of $350,000. Michael made the following payments in 2018: Medical expenses: $7500 state income tax withholdings 12,500 sales tax payments

Michael is single with AGI of $350,000. Michael made the following payments in 2018:

Medical expenses: $7500

state income tax withholdings 12,500

sales tax payments $5000

real estate taxes 10,000

Interest on qualified home mortgage 12,000

Charitable contributions ABC Corporation stock

Michael purchased his home in 2018 and the original mortgage on the home has a principal balance of $80,000.

Michael purchased ABC stock for $25,000 on January 3, 2018, and the stock had a fair market value of $30,000 when he made the donation to a public charity. Calculate the amount of Michaels 2018 itemized deductions

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