Katherine Green is single with $146,000 in gross income from her job at the Caitlin Bank. During the year she had $4,300 in adjustments. She had $23,000 in eligible 7.5% medical expenses and $14,000 in fully itemized deductions. She has 2 eligible children. She had $10,000 worth of taxes withheld throughout the year. How much are the Green household's itemized deductions?
Katherine Green is single with $146,000 in gross income from her job at the Caitlin Bank. During the year she had $4,300 in adjustments. She had $23,000 in eligible 7.5% medical expenses and $14,000 in fully itemized deductions. She has 2 eligible children. She had $10,000 worth of taxes withheld throughout the year. How much are the Green household's itemized deductions?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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103.
Transcribed Image Text:Katherine Green is single with $146,000 in gross income from her job at the Caitlin Bank. During the year she had $4,300 in
adjustments. She had $23,000 in eligible 7.5% medical expenses and $14,000 in fully itemized deductions. She has 2 eligible
children. She had $10,000 worth of taxes withheld throughout the year. How much are the Green household's itemized
deductions?
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