Vera and Jake (both age 45) are a married couple with AGI of $325,900 for...

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Accounting

Vera and Jake (both age 45) are a married couple with AGI of $325,900 for 2015. Theypaid $20,000 of mortgage interest, $8,000 of unreimbursed medical expenses, $4,000 of property taxes, and $9,000 of charitable contributions for the year. How much may they claim for itemized deductions in 2015?

Select one:

a. $32,520

b. $25,000

c. $40,220

d. $33,020

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