Question
Sandra and Brandon file jointly. They have an AGI of $400,000. They have the following itemized deductions: Property taxes $20,000; Mortgage interest $80,000 on a
Sandra and Brandon file jointly. They have an AGI of $400,000. They have the following itemized deductions: Property taxes $20,000; Mortgage interest $80,000 on a mortgage of $2,000,000; Charitable deductions of $250,000 cash to a public charity. How much can they take as itemized deductions in 2018?
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Cost Benefit Analysis Concepts And Practice
Authors: Anthony E. Boardman, David H. Greenberg, Aidan R. Vining, David L. Weimer
5th Edition
1108401295, 978-1108401296
