Problem:
Marry and Max had adjusted gross income of 358000. They have itemized deductions of $20,000 consisting of $8,000 in medical expenses that exceed 10% of adjusted gross income ,$3,000 in property taxes, $4000 in housing interest, and $5000 in miscellaneous itemized deductions that exceed 2% of adjusted gross income.
Required:
Question: What is the amount of their itemized deductions?
Note: Please show the work not just the answer.