Problem 10-44 (Algorithmic) (LO. 2, 3, 4, 5, 6, 7, 8) For calendar year 2017, Stuart and Pamela Gibson file a joint return reflecting AGI of $326,500. Their itemized deductions are as follows Note: All expenses are before any applicable limitations, unless otherwise noted Casualty loss after $100 floor (not covered by insurance) Home mortgage interest Credit card interest Property taxes on home Charitable contributions State income tax Tax return preparation fees $58,600 23,440 1,172 17,580 32,230 20,510 1,758 Round your final answers to the nearest whole dollar. The Gibson's total itemized deductions before any phaseout are $ 119,710 The Gibson's total itemized deduction is