Evan, age 61, is single and has AGI of $277,300 in 2016. His potential itemized...
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Accounting
Evan, age 61, is single and has AGI of $277,300 in 2016. His potential itemized deductions before any limitations for the year total $52,300 and consist of the following: Medical expenses (before the 10%-of-AGI limitation) $28,000 Interest on home mortgage $8,700 State income taxes $9,500 Real estate taxes $3,600 Charitable contributions $2,500 After all necessary adjustments are made, what is the amount of itemized deductions Evan may claim?
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