Evan is single and has AGI of $277,300 in 2023. His potential itemized deductions before any limitations for the year total $52,300 and consist of the following: Medical expenses (before the 7.5%-of-AGI limitation) Interest on home mortgage State income taxes Real estate taxes Charitable contributions $31,000 8,700 9,500 3,600 2,500 After all necessary adjustments are made, what is the amount of itemized deductions Evan may claim? Do not round intermediate calculations. Round medical deduction and final answer to the nearest dollar. Evan's total itemized deduction is $ 26,403
Evan is single and has AGI of $277,300 in 2023. His potential itemized deductions before any limitations for the year total $52,300 and consist of the following: Medical expenses (before the 7.5%-of-AGI limitation) Interest on home mortgage State income taxes Real estate taxes Charitable contributions $31,000 8,700 9,500 3,600 2,500 After all necessary adjustments are made, what is the amount of itemized deductions Evan may claim? Do not round intermediate calculations. Round medical deduction and final answer to the nearest dollar. Evan's total itemized deduction is $ 26,403
Chapter10: Deductions And Losses: Certain Itemized Deductions
Section: Chapter Questions
Problem 38P
Related questions
Question
![Evan is single and has AGI of $277,300 in 2023. His potential itemized deductions before any
limitations for the year total $52,300 and consist of the following:
Medical expenses (before the 7.5%-of-AGI limitation)
Interest on home mortgage
State income taxes
Real estate taxes
Charitable contributions
$31,000
8,700
9,500
3,600
2,500
After all necessary adjustments are made, what is the amount of itemized deductions Evan may
claim? Do not round intermediate calculations. Round medical deduction and final answer
to the nearest dollar.
Evan's total itemized deduction is $
26,403](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5f475109-f14d-40aa-8ad9-921252d715d4%2F925c7e52-1bc1-480e-b5a0-8ae4d89e4c4d%2Fudfak3u_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Evan is single and has AGI of $277,300 in 2023. His potential itemized deductions before any
limitations for the year total $52,300 and consist of the following:
Medical expenses (before the 7.5%-of-AGI limitation)
Interest on home mortgage
State income taxes
Real estate taxes
Charitable contributions
$31,000
8,700
9,500
3,600
2,500
After all necessary adjustments are made, what is the amount of itemized deductions Evan may
claim? Do not round intermediate calculations. Round medical deduction and final answer
to the nearest dollar.
Evan's total itemized deduction is $
26,403
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