Colby Is Employed Full-Time as a Food Technician for a Local

question 30

Essay

Colby is employed full-time as a food technician for a local restaurant chain. This year he has incurred the following expenses associated with his employment: $$\begin{array} { | l | r | } \hline \text { Home mortgage interest } & \$ 6,640 \\\hline \text { Real estate taxes } & 5,400 \\\hline \text { State income taxes paid } & 6,300 \\\hline \text { Medical expenses (unreimbursed) } & 1,800 \\\hline \text { Employee business expenses (unreimburs ed) } & 450 \\\hline \text { Charitable contributions (cash to their church) } & 760 \\\hline\end{array}$$ Colby was reimbursed $125 of the expenses from his employer's accountable plan. What amount can he include with his remaining itemized deductions if his AGI this year is $32,000?

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Definitions:

Needy Families

Households that require assistance due to financial hardship, poverty, or lack of basic resources for living.

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