Carlos Diego paid the following expenses during the current tax year State sales tax ............... $600 Sales
Question:
State sales tax ............... $600
Sales tax on purchase of automobile ...... 800
License plate tax based on weight-of vehicles ... 35
State income tax paid ............ 6000
Federal income tax paid ........... 16000
What is Carlos's tax expense deduction for the current tax year?
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Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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