Will Barlow is single and has adjusted gross income of $50,000 in 2022. Additional information is as follows: What amount may Will claim as itemized deductions on his 2022 income tax return?Contribution to his ROTH IRA$3,000Mortgage interest on his personal residence9,000Real estate property tax paid on his personal residence3,000State income taxes paid2,000Uninsured realized casualty loss (in a Federal disaster area)6,000Tax preparation fees for his prior year income tax return400.
Will Barlow is single and has adjusted gross income of $50,000 in 2022. Additional information is as follows: What amount may Will claim as itemized deductions on his 2022 income tax return?Contribution to his ROTH IRA$3,000Mortgage interest on his personal residence9,000Real estate property tax paid on his personal residence3,000State income taxes paid2,000Uninsured realized casualty loss (in a Federal disaster area)6,000Tax preparation fees for his prior year income tax return400.