Peter and Chris are married filing jointly with AGI of $120,000 and make the following payments in 2020:

Medical Expenses of $10,000

State income tax withholdings of $4,000

Sakes tax payments of $5,000

Real estate taxes of $3,000

Interest on qualify home mortgage of $6,500

A charitable contribution is the investment property

The personal residence has an FMV of $ 500,000 and the outstanding principal balance on the mortgage is $350,000.

The investment property was purchased for $15,000 in 2015 and had a fair market value of $20,000when they made the donation to a public charity in 2020:

Calculate the 2020 itemized deductions for Peter and Chris.