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QUESTION 1 Randy (single) had $65,000 of Adjusted Gross Income. Included in this income is $3,000 of gambling winnings Randy had the following itemized deductions

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QUESTION 1 Randy (single) had $65,000 of Adjusted Gross Income. Included in this income is $3,000 of gambling winnings Randy had the following itemized deductions Medical Expenses $6,000 Gambling losses $4,250 Property & State Taxes $12,000 Charitable Contributions $2,500 Calculate the maximum allowable itemized deductions

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