Sales tax, Taxation

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Arnold and Beth file a joint return. Use the following data to calculate their deduction for AGI.

Mortgage interest on personal residence $ 4,000
Property taxes on personal residence 2,000
Alimony payments 12,000
Moving expenses 6,000
Charitable contributions 1,500
State income taxes 5,000
Investment interest ($8,000 of expenses limited to net investment income of $6,000) 6,000
Unreimbursed employee expenses 2,500
Sales taxes 2,600

 


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