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(13 points) Nadia (age 40) and Sven (age 42) received the following amounts during 2020:...

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(13 points) Nadia (age 40) and Sven (age 42) received the following amounts during 2020: Salary $82,000 Interest on bonds issued by Xerox Company 1,200 Gift from Nadia's parents 20.000 Prize won in state lottery 1,500 They also incurred the following expenses during the year: Deductible medical expenses (before the AGI limitation) $11,000 State and local income taxes 4,800 State sales tax 1,600 Real estate taxes 7.100 Interest paid on qualified residence mortgage (acquisition debt) of $200,000 3,900 Credit card interest 110 Automobile loan interest 850 (acquisition debt) of $200,000 Credit card interest 110 Automobile loan interest 850 Charitable contributions (cash) 2,800 Unreimbursed employee business expenses 380 Nadia and Sven's employers withheld $8,000 of federal income taxes from their paychecks during the year. Nadia and Sven have one qualifying child, and the child meets the eligibility requirements for the child tax credit of $2,000. Nadia and Sven file a joint return. Required) 1. Determine Nadia and Sven's total itemized deductions 2. Determine Nadia and Sven's tax refund or taxes due. Edit Format Table

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