Paula lives in Arkansas, a state, which imposes a state income tax.During 2018, she pays the following
Question:
Paula lives in Arkansas, a state, which imposes a state income tax. During 2018, she pays the following taxes:
a. If Paula’s adjusted gross income is $35,000 what is her allowable deduction for taxes?
b. Assume the same facts as in part a, except that Paula pays $1,600 in sales tax on a motor vehicle she purchased during the year. What is Paula’s allowable deduction for taxes?
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a Paula is allowed an itemized deduction for the real estate tax and the property taxes she paid on ...View the full answer
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Douglas Makokha
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Related Book For 
Concepts In Federal Taxation
ISBN: 9781337702621
26th Edition
Authors: Kevin E. Murphy, Mark Higgins
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