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Pedro, who is a single taxpayer, had AGI of $283,600 for 2015. He incurred the following expenses during the year: Medical expenses before 10%-of-AGI limitation
Pedro, who is a single taxpayer, had AGI of $283,600 for 2015. He incurred the following expenses during the year: Medical expenses before 10%-of-AGI limitation $12,000 State and local income taxes $8,900 Real estate taxes $1,600 Home mortgage interest $16,000 Charitable contributions $2,200 Deductible investment interest expense $1,700 Compute the amount of Pedro's itemized deductions after any applicable reductions. Round your computations to the nearest dollar and use rounded amounts in subsequent calculations. $
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