Question - Mr Jones a cash basis single taxpayer was 56 years old in 2017. He worked as an employee for an electrical contacting company. He has asked you to look at his tax situation
Income:
$45,000 as wages
$1000 dividends and interest
$4000 gamblings
Selected expenditures:
Medical insurance premiums: $5200
Union dues: $1600
Work clothes: $400
Lunches while on job: $600
State and city income taxes withheld per W2: $4000
Credit card interest: $1800
Amount given to neighbor to help buy groceries: $400
Church contributions: $4500
Tax prep fee: $450
Fee for safe deposit box: $150
Gambling losses: $5000
What are his itemized deductions?