Randall paid $1356 in mortgage interest, and drove a company car for work. Which expense(s) can he itemize on his tax return?

Question

Randall had an AGI of $45,000. He had $1500 in medical expenses, paid $1356 in mortgage interest, and drove a company car for work. Which expense(s) can he itemize on his tax return?

Answer 1

He can itemize the mortgage interest. The medical expenses are below the limit of 3,375 (45,000 * 7.5%) so he can't deduct the medical expenses. He is probably better off taking the standard deduction than itemizing..