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 |
Charitable contributions | 7,000 |
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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