Linda, who files as a single taxpayer, had AGI of $280,000 for 2018. She incurred the following expenses and losses during the year:
|Medical expenses (before the 7.5%-of-AGI limitation)||$33,000|
|State and local income taxes||4,800|
|State sales tax||1,300|
|Real estate taxes||6,000|
|Home mortgage interest||5,000|
|Automobile loan interest||750|
|Credit card interest||1,000|
|Casualty loss (before 10% limitation but after $100 floor; not in a Federally declared disaster area)||34,000|
|Unreimbursed employee business expenses||7,600|
Calculate Linda’s allowable itemized deductions for the year.
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