Arnold and Beth file a joint return in 2019. Use the following data to calculate their deduction for AGI. $\begin{array}{lr}
\text { Mortgage interest on personal residence } & \$ 6,000 \
\text { Property taxes on personal residence } & 2,500 \
\text { Alimony payments (divorce finalized in 2014) } & 12,000 \
\text { Moving expenses } & 7,000 \
\text { Charitable contributions } & 1,500 \
\text { State income taxes } & 5,000 \
\text { Investment interest }(\$ 8,000 \text { of expenses limited to net investment income of } \$ 7,500) & 7,500 \
\text { Unreimbursed employee expenses } & 2,500 \
\text { Sales taxes } & 2,600
\end{array}$

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The Answer of Arnold and Beth file a joint return in 2019. Use the following data to calculate their deduction for AGI. $\begin{array}{lr}
\text { Mortgage interest on personal residence } & \$ 6,000 \
\text { Property taxes on personal residence } & 2,500 \
\text { Alimony payments (divorce finalized in 2014) } & 12,000 \
\text { Moving expenses } & 7,000 \
\text { Charitable contributions } & 1,500 \
\text { State income taxes } & 5,000 \
\text { Investment interest }(\$ 8,000 \text { of expenses limited to net investment income of } \$ 7,500) & 7,500 \
\text { Unreimbursed employee expenses } & 2,500 \
\text { Sales taxes } & 2,600
\end{array}$

Arnold and Beth File a Joint Return in 2019