What is the total amount of Holly's itemized deductions?

To determine Holly's total amount of itemized deductions, it’s essential to consider various components that typically qualify under itemized deductions, such as medical expenses, state and local taxes, mortgage interest, charitable contributions, and certain other miscellaneous deductions.

If the correct answer is presented as $21,349, this total suggests that when you aggregate all the relevant deductions, they sum up accurately to this amount based on established tax guidelines for itemized deductions.

A total of $21,349 could likely include substantial medical expenses that exceed the adjusted gross income limit, significant amount of state and local taxes, mortgage interest payments on a primary residence, and considerable charitable contributions, among other deductible expenses.

A total of $7,750 or $10,300 might reflect lower amounts of deductions that would be insufficient to reflect a comprehensive level of expenses incurred by Holly. Meanwhile, $21,639 could indicate a miscalculation or an inclusion of non-qualifying deductions that do not properly align with tax regulations pertaining to itemized deductions.

Therefore, the figure of $21,349 showcases the aggregate of Holly’s eligible itemized deductions in a manner that adheres to IRS regulations, ultimately providing her with the maximum potential tax benefit.