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Tasneem, a single taxpayer has paid the following amounts in 2017: State income taxes $10,000 Property taxes on home 4,000 Mortgage interest on home 12,000

Tasneem, a single taxpayer has paid the following amounts in 2017:

State income taxes

$10,000

Property taxes on home

4,000

Mortgage interest on home

12,000

Charitable contributions

14,000

Tasneem's AGI is $363,500. What is her net itemized deduction allowed?

A.

$40,000

B.

$38,800

C.

$32,730

D.

$36,940

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