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Antonio Reported the Following Itemized Deductions on His 2017 Tax

question 56

Essay

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.
Medical expenses (before 10.0% of AGI floor) $8,500 State income taxes$6,500Home mortgage interest $14,500Charitable contributions $3,500 Miscellaneous itemized deductions (before 2% of AGI floor) $2,800\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}


Definitions:

Sensory Receptors

Specialized cells or organs that respond to external stimuli, sending signals to the brain and allowing for sensory perception.

Cerebellum

A brain region responsible for coordinating voluntary movements, balance, and posture, situated at the back of the brain near the brainstem.

Pons

A part of the brain located in the brainstem, essential for connecting different parts of the brain and controlling functions like sleep and respiration.

Medulla

An essential part of the brainstem involved in regulating breathing, heart rate, and other autonomic functions.

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