Solved: Mr and mrs remy have the following allowable itemized, Financial Management

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Mr and mrs remy have the following allowable itemized

Mr. and Mrs. Remy have the following allowable itemized deductions this year:

Medical expenses...$2,310

State and local taxes...4,019

Casualty loss...8,000

Charitable contributions...2,500

Miscellaneous itemized deductions...337

Determine the effect on the amount of each deduction if the Remys engage in a transaction generating $20,000 additional AGI on this year's Form 1040.

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Financial Management: Mr and mrs remy have the following allowable itemized

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Financial Management: Mr and mrs remy have the following allowable itemized

Reference No:- TGS01180923

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