Salary income Net rent income Dividend income Payment of alimony (divorce finalized in March 2019) Mortgage interest on residence $123,000 11,500 900 20,000 8,300 2,200 4,200 Property tax on residence Contribution to traditional IRA (assume the amount is fully deductible) Contribution to United Church Loss on the sale of real estate (held for investment) 1,700 1,575 4,250 1,500 6,800 Medical expenses State income tax Federal income tax Daniel's standard deduction for 2019 is $12,200. a. Classify the following expenses as either "Deductible for AGI", "Deductible from AGI", or Payment of alimony Mortgage interest on residence Property tax on residence Contribution to traditional IRA (assume the amount is fully deductible) Contribution to United Church Loss on the sale of real estate (held for investment) Medical expenses State income tax Ferterad income ta State income tax 1,500 Federal income tax 6,800 Daniel's standard deduction for 2019 is $12,200. a. Classify the following expenses as either "Deductible for AGI". "Deductible from AGI", or "Not deductible Payment of alimony Mortgage interest on residence Property tax on residence Contribution to traditional IRA (assume the amount is fully deductible) Contribution to United Church Loss on the sale of real estate (held for investment) Medical expenses State income tax Federal income tax What is Daniel's gross income and his AGI? Gross income: $ AGI: S b. Should Daniel itemize his deductions from AGF or take the standard deduction? Because Daniel's total itemized deductions (after any limitations) are s he would benefit from