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The Smith couple files a joint return and have the following infor for 2020 Mortgage interest on their personal residence $6,000 Property taxes paid on

The Smith couple files a joint return and have the following infor for 2020

Mortgage interest on their personal residence $6,000

Property taxes paid on their personal residence $2,500

Alimony payment made for divorce that was finalized in 2017 $12,000

Moving expenses $7,000

Business expenses from Mrs smith's small business $14,000

State income taxes paid $5,000

Investment interest $7,500

Personal casualty loss in federal disaster area $11,200

Unreimbursed employee expenses for Mr Smith $2,500

Depreciation on rental cabin primarily used for rentals $1,600

Adjusted gross income $81,000

Calculate the Smith's combined exclusions and deductions For AGI.

Please show your entire calculation

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