For the year 2023, Carolyn earned $80,000 and incurred the following expenses Moving expenses $ 500 Credit card interest 250 Mortgage interest (qualified residence interest) Tax return preparation fees 12,400 1,100 Unreimbursed employee business expenses State sales tax paid 1,750 2,400 Assuming she had no other expenses and files as a single taxpayer, what are her total allowable itemized deductions for 2023? O A. $15,300 OB. $14,800 OC. $15,050 OD. $17,650
For the year 2023, Carolyn earned $80,000 and incurred the following expenses Moving expenses $ 500 Credit card interest 250 Mortgage interest (qualified residence interest) Tax return preparation fees 12,400 1,100 Unreimbursed employee business expenses State sales tax paid 1,750 2,400 Assuming she had no other expenses and files as a single taxpayer, what are her total allowable itemized deductions for 2023? O A. $15,300 OB. $14,800 OC. $15,050 OD. $17,650
Chapter10: Deductions And Losses: Certain Itemized Deductions
Section: Chapter Questions
Problem 2BCRQ
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Transcribed Image Text:For the year 2023, Carolyn earned $80,000 and incurred the following expenses
Moving expenses
Credit card interest
Mortgage interest (qualified residence interest)
Tax return preparation fees
Unreimbursed employee business expenses
State sales tax paid
Assuming she had no other expenses and files as a single taxpayer, what are her total allowable itemized deductions for
2023?
O A. $15,300
OB. $14.800
$ 500
250
12,400
1,100
1,750
2,400
O C. $15,050
O D. $17,650
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