Mary paid $2,000 of state income taxes in 2018. The total sales tax she paid during 2018

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Mary paid $2,000 of state income taxes in 2018. The total sales tax she paid during 2018 was $4,500, which included $3,000 for the cost of a new car. How should Mary treat the taxes paid on her 2018 tax return?

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Income Tax Fundamentals 2019

ISBN: 9781337703062

37th Edition

Authors: Gerald E. Whittenburg, Steven Gill

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Question Posted: Mar 02, 2019 06:20 AM

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Mary paid $2,000 of state income taxes in 2018. The total sales tax she paid during 2018

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

Income Tax Fundamentals 2019

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