Mr. Curtis paid the following taxes: Federal income tax ...................................... $50,789 Federal gift tax ............................................... 285 Federal

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Mr. Curtis paid the following taxes:
Federal income tax ...................................... $50,789
Federal gift tax ............................................... 285
Federal employer payroll tax for housekeeper ........... 920
Indiana income tax ......................................... 3,710
Indiana sales tax on consumer goods and services .... 2,040
Local property tax on:
Principal residence ......................................... 4,800
Vacation home .............................................. 1,800
Two automobiles ............................................. 900
To what extent (if any) can Mr. Curtis deduct each of these payments?
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Principles Of Taxation For Business And Investment Planning 2018

ISBN: 9781259713729

21st Edition

Authors: Sally Jones, Shelley C. Rhoades Catanach, Sandra R Callaghan

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