What are the total itemized deductions


Response to the following problem:

During the year, Steve paid the following amounts:

Home mortgage interest                                  31,700

Credit card interest                                          1760

Auto insurance                                                  900

State income taxes paid in 2012 for 2010 Audit 12540

Property taxes on personal residence                  6200

Kaiser HMO premiums                                        4800

Other medical expenses                                      790

CPA fees paid to handle 2010 state audit              7000

Charitable contributions;

Girl scouts                                                         800

San Diego University (contribution)                   10000

Italian Red Cross                                              250

If his AGI is 430,690 What are his total itemized deductions?

Request for Solution File

Ask an Expert for Answer!!
Taxation: What are the total itemized deductions
Reference No:- TGS02085317

Expected delivery within 24 Hours