Problem - Linda, who is a head of household with one dependent, had AGI of $150,000 for 2012. She incurred the following expenses and losses during the year:
Medical expenses before the 7.5%-of-AGI limitation: $20,000
State and local income taxes: 4,500
State sales tax: 1,300
Real estate taxes: $4,000
Home mortgage interest: $4,500
Credit card interest: $1,000
Charitable contributions: $5,000
Casualty loss before 10% limitation (after $100 floor): $20,000
Unreimbursed employee expenses subject to the 2%-of-AGI limitation: $5,000
Calculate Linda's total itemized deductions.