Calculate lindas total itemized deductions


Linda, age 37, who files as a single taxpayer, had AGI of $280,000 for 2013. She incurred the following expenses and losses during the year. Medical expenses before the 10%-of-AGI limitation: $33,000 State and local income taxes: 4,500 State sales tax: 1,300 Real estate taxes: $4,000 Home mortgage interest: $5,000 Automobile loan interest: $750 Credit card interest: $1,000 Charitable contributions: $7,000 Casualty loss before 10% limitation (after $100 floor): $34,000 Unreimbursed employee expenses subject to the 2%-of-AGI limitation: $7,600 Calculate Linda's total itemized deductions.

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Accounting Basics: Calculate lindas total itemized deductions
Reference No:- TGS0698014

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