Question
Tracy is single and had adjusted gross income of $42,100 in 2018. Tracy also has the following items: Unreimbursed medical expenses $5,064 State income tax
Tracy is single and had adjusted gross income of $42,100 in 2018. Tracy also has the following items:
Unreimbursed medical expenses $5,064
State income tax 1,998
Interest expense on mortgage 2,831
Real estate tax 652
Interest expensecar loan 610
Interest expensecredit card 415
Gifts to charity 393
How much may Tracy claim as itemized deductions?
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Financial and Managerial Accounting the basis for business decisions
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
17th edition
007802577X, 978-0078025778
