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Paul reported the following itemized deductions on his 2016 tax return. His AGI for 2016 was $65,000. The mortgage interest is all qualified mortgage interest to purchase his personal residence. For

Paul reported the following itemized deductions on his 2016 tax return. His AGI for 2016 was $65,000. The mortgage interest is all qualified mortgage interest to purchase his personal residence. For AMT, compute his total adjustment for itemized deductions.

     
Medical expenses (after the 10.0% of AGI floor) $ 6,000  
State income taxes   3,600  
Home mortgage interest   11,500  
Charitable contributions   3,200  
Miscellaneous itemized deductions (after the 2% of AGI floor)   1,800  
 

a..$1,800.

b..$3,600.

c..$5,400.

d..$20,100.

 

May 18 2021 View more View Less

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