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Donny and Marie are married electing to file jointly. Their AGI is $67,500. They want to know if they should itemize deductions on Schedule A or claim the Standard Deduction. They ARE NOT over 65 or legally blind. They provide you with the following facts:
TOTAL Unreimbursed medical expenses including medical insurance premiums that they paid: $8,900
State income taxes paid or withheld during the year 3,300
Total Sales taxes (from the optional table and actual) 2,650
Real Estate property taxes paid on their home 3,760
Vehicle personal property taxes - based on value 110
Interest paid on a home mortgage (principal is $450,000) 10,800
Car loan interest 2,200
Charitable contributions (subject to the 60% AGI limit and with documentation) 2,080
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Donny and Marie are married electing to file jointly. Their AGI is $67,500. They want to know if the...
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