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Stacey files as head of household with two dependents. She has AGI of $123,000 for 2020....

Stacey files as head of household with two dependents. She has AGI of $123,000 for 2020. She incurred the following expenses and losses during the year: Medical expenses before the 7.5%-of-AGI limitation $15,575 State and local income taxes 7,200 State sales tax 1,400 Real estate taxes 2,800 Home mortgage interest 5,900 Credit card interest 1,100 Charitable contribution 2,400 Casualty loss before 10% limitation (after $100 floor; not in a Federally declared disaster area) 8,300 Unreimbursed employee expenses 5,500 Calculate Stacey's allowable itemized deductions for the year.

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Answer: Particulars Home Mortage Interest Medical Expenses ((15,575-(7.5% of 1,23,000) Local and State Tax Real Estate Taxes

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