Dan has AGI of $50,000 and paid the following taxes during this tax year. Calculate the amount
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State income tax withholding ........................................... $1,400
State income tax estimated payments .................................. 750
Federal income tax withholding ........................................ 3,000
Social Security tax withheld from wages .............................. 2,100
State excise tax on liquor ................................................ 400
Automobile license (based on the car's weight) ...................... 300
State sales tax paid ....................................................... 475
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Related Book For
Taxation Of Individuals And Business Entities 2015
ISBN: 9780077862367
6th Edition
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
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