Doug incurs the following deductible expenses

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Reference no: EM131105651

During the current tax year, Doug incurs the following deductible expenses:

State Income Tax $2,300

Local Property Tax $3,000

Medical Expenses $ 800

Charitable Contributions $2,000

Doug is 33, single with no dependents. His has $35,000 AGI for the year.

What is the amount of Doug's taxable income.

AGI
Less itemized deductions:
	Medical:	$
	Less: 10% of AGI
	Deductible medical expenses		$ -
	State income taxes
	Local property taxes
	Charitable contributions
	Total itemized deductions
	Compare to standard deduction
Deduction (itemized > standard)
Personal exemption
Taxable income				$ -

Reference no: EM131105651

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