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

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To determine the total amount of Holly's itemized deductions, we first need to understand what typically comprises itemized deductions. Common categories include medical expenses, mortgage interest, property taxes, charitable contributions, and certain unreimbursed business expenses.

Assuming Holly's individual circumstances involve substantial contributions across one or multiple categories listed above, the correct amount of $21,349 represents a calculated total based on her eligible expenses within those categories. This figure would have been derived from the specific amounts associated with each of her deductions, adjusted for any limitations or thresholds that apply, such as the percentage of adjusted gross income (AGI) for medical expenses.

When comparing this total to the other options provided, the remaining figures fall short of accounting for the comprehensive nature of her deductible expenses. In particular, the deduction must exceed the standard deduction for the relevant tax year for it to be worthwhile for Holly to claim, which helps explain why the higher total is indeed the appropriate figure reflecting her situation.

Thus, the total amount of Holly's itemized deductions is accurately captured at $21,349, reflecting a thorough consideration of her eligible expenses against the backdrop of tax regulations.

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