Essay
Austin,a single individual with a salary of $100,000,incurred and paid the following expenses during the year:
Medical expenses
$ 5,000
Alimony
24,000
Charitable contributions
2,000
Casualty loss (after $100 floor)
1,000
Mortgage interest on personal residence
4,500
Property taxes on personal residence
4,200
Moving expenses
2,500
Contribution to a traditional IRA
4,000
Sales taxes (no state or local income tax is imposed)
1,300
Calculate Austin's deductions for AGI.
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