Lyndons employer withheld $11,000 in state income taxes from Lyndons wages in 2018. Lyndon obtained a refund
Question:
Lyndon’s employer withheld $11,000 in state income taxes from Lyndon’s wages in 2018. Lyndon obtained a refund of $1,700 this year for overpayment of state income taxes for 2017. State income taxes were an itemized deduction on his 2017 return. His 2018 liability for state income tax is $3,700. Indicate the amount of Lyndon’s deduction for state income taxes on his federal tax return assuming he elects to deduct state income taxes for 2018.
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Related Book For
Income Tax Fundamentals 2019
ISBN: 9781337703062
37th Edition
Authors: Gerald E. Whittenburg, Steven Gill
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