Antonio reported the following itemized deductions on his 2017 tax return.His AGI for 2017 was $95,000.The mortgage interest is all qualified mortgage interest to purchase his personal residence.For AMT,compute his total adjustment for itemized deductions.
$\begin{array}{lr}
\text {Medical expenses (before $ 10.0 \% $ of AGI floor) }&\$8,500\
\text { State income taxes}&\$6,500\
\text {Home mortgage interest }&\$14,500\
\text {Charitable contributions }&\$3,500\
\text { Miscellaneous itemized deductions (before } 2 \% \text { of AGI floor) }&\$2,800
\end{array}$

Question

Antonio reported the following itemized deductions on his 2017 tax return.His AGI for 2017 was $95,000.The mortgage interest is all qualified mortgage interest to purchase his personal residence.For AMT,compute his total adjustment for itemized deductions.
 $\begin{array}{lr}
\text {Medical expenses (before $ 10.0 \% $ of AGI floor) }&\$8,500\
\text { State income taxes}&\$6,500\
\text {Home mortgage interest }&\$14,500\
\text {Charitable contributions }&\$3,500\
\text { Miscellaneous itemized deductions (before } 2 \% \text { of AGI floor) }&\$2,800
\end{array}$

Quizplus · Accepted Answer

The Answer of Antonio reported the following itemized deductions on his 2017 tax return.His AGI for 2017 was $95,000.The mortgage interest is all qualified mortgage interest to purchase his personal residence.For AMT,compute his total adjustment for itemized deductions.
 $\begin{array}{lr}
\text {Medical expenses (before $ 10.0 \% $ of AGI floor) }&\$8,500\
\text { State income taxes}&\$6,500\
\text {Home mortgage interest }&\$14,500\
\text {Charitable contributions }&\$3,500\
\text { Miscellaneous itemized deductions (before } 2 \% \text { of AGI floor) }&\$2,800
\end{array}$

Antonio Reported the Following Itemized Deductions on His 2017 Tax