Mr.and Mrs.Hunt,ages 38 and 33,have the following allowable itemized deductions this year. Determine the effect on the amount of each deduction if the Hunts engage in a transaction generating $10,000 additional AGI this year.

Question

Mr.and Mrs.Hunt,ages 38 and 33,have the following allowable itemized deductions this year.  Determine the effect on the amount of each deduction if the Hunts engage in a transaction generating $10,000 additional AGI this year.

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The Answer of Mr.and Mrs.Hunt,ages 38 and 33,have the following allowable itemized deductions this year.  Determine the effect on the amount of each deduction if the Hunts engage in a transaction generating $10,000 additional AGI this year.

MrAnd MrsHunt,ages 38 and 33,have the Following Allowable Itemized Deductions This