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Pedro, who is a single taxpayer, had AGI of $329,000 for 2017. He incurred the following expenses during the year: Medical expenses before 10%-of-AGI limitation

Pedro, who is a single taxpayer, had AGI of $329,000 for 2017. He incurred the following expenses during the year:

  • Medical expenses before 10%-of-AGI limitation $19,100
  • State and local income taxes $9,870
  • Real estate taxes $1,974
  • Home mortgage interest $16,450
  • Charitable contributions $3,948
  • Deductible investment interest expense $1,481

Compute the amount of Pedro's itemized deductions after any applicable reductions and/or limitations. Round your computations to the nearest dollar and use rounded amounts in subsequent calculations.

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