Kelsey, who is a head of household with one dependent, had AGI of $315,000 for 2011. She incurred the following expenses and losses during the year:
Medical expenses before the 7.5%-of-AGI limitation 25000
- State and local income taxes 4300
- State sales tax 1205
- Real estate taxes 3705
- Home mortgage interest 4400
- Credit card interest 820
- Charitable contribution 3800
Casualty loss before 10% limitation (after $100 floor) 38000. Unreimbursed employee expenses subject to the 2%-of-AGIIimitation 7100
Calculate Kelsey's allowable itemized deductions for the year.