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Problem 10-40 (Algorithmic) (LO. 2,3,4,5,6,7) For calendar year 2022, Stuart and Pamela Gibson file a joint return reflecting AGI of $382,400. Their itemized deductions are
Problem 10-40 (Algorithmic) (LO. 2,3,4,5,6,7) For calendar year 2022, Stuart and Pamela Gibson file a joint return reflecting AGI of $382,400. Their itemized deductions are as follows: Note: All expenses are before any applicable limitations, unless otherwise noted. Round your final answers to the nearest whole dollar. Calculate the amount of itemized deductions the Gibsons may ciaim for the year
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