Beth and Sajiv,a married couple,earned AGI of $350,000 in 2017.They report the following itemized deductions (before application of any limitations): Beth and Sajiv's allowable itemized deduction amount will be
A)$90,000.
B)$83,000.
C)$88,914.
D)$81,914.

Question

Beth and Sajiv,a married couple,earned AGI of $350,000 in 2017.They report the following itemized deductions (before application of any limitations):  Beth and Sajiv's allowable itemized deduction amount will be
A)$90,000. 
B)$83,000. 
C)$88,914. 
D)$81,914.

Quizplus · Accepted Answer

D)Investment advisor fees ($10,000 - 2% of AGI)$ 3,000
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Beth and Sajiv,a Married Couple,earned AGI of $350,000 in 2017