Calculate alex deductions for agi


Problem: Alex, a single taxpayer, has a salary of $100,000. He incurred & paid the following expenses during the year:

Medical expenses $5000
Alimony $24,000
Charitable contribution $2000
Casualty loss (after $100 floor) $1000
Mortgage interest on personal residence $4500
State income taxes $4200
Moving expenses $2500
Contribution to traditional IRA $4000
Sales taxes (no state or local income tax is imposed) $1300

Calculate Alex's deductions FOR AGI.

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Accounting Basics: Calculate alex deductions for agi
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