Mary paid $2,000 of state income taxes in 2016. The total sales tax she paid during 2016

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Mary paid $2,000 of state income taxes in 2016. The total sales tax she paid during 2016 was $4,500, which included $3,000 for the cost of a new car. How should Mary treat the taxes paid on her 2016 tax return?

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Income Tax Fundamentals 2017

ISBN: 9781305872738

35th Edition

Authors: Gerald E. Whittenburg, Steven Gill, Martha Altus Buller

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Question Posted: Jul 19, 2017 11:01 AM

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Mary paid $2,000 of state income taxes in 2016. The total sales tax she paid during 2016

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Mary can deduct the greater of the 4500 of regular sal...View the full answer

Income Tax Fundamentals 2017

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