Parrish and Peterson Accountancy Corporation
1155 Meridian Ave, San Jose, CA, 95125
408.265.1020 (fax) 408.265.6795
 
Average Itemized Deductions

Average Itemized Deductions for 1997 by Adjusted Gross Income Ranges

Adjusted Gross Income Ranges

Medical Expenses

Taxes

Interest

Contributions

$  15,000 to

$  20,000

$  1,335

$  2,119

$  5,299

$  1,368

$  20,000 to

$  25,000

    4,017

    2,250

    5,651

    1,368

$  25,000 to

$  30,000

    4,893

    2,249

    5,262

    1,493

$  30,000 to

$  40,000

    3,987

    2,772

    5,551

    1,451

$  40,000 to

$  50,000

    4,002

    3,285

    6,346

    1,616

$  50,000 to

$  75,000

    6,620 

    4,236

    6,824

    1,862

$  75,000 to

$  100,000

    8,413

    6,200

    8,387

    2,477

$  100,000 or more

    18,463

    15,730

    12,852

    11,501


Average Itemized Deductions for 1997 byAGI Ranges. (Source:  IRS Publication No. 1136,  Statistics of Income Bulletin---Winter 1998-1999 (Rev. Mar. 1999)

 

 

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