Mary paid $2,000 of state income taxes in 2019. She paid $1,500 of state sales tax on

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Mary paid $2,000 of state income taxes in 2019. She paid $1,500 of state sales tax on the purchase of goods and she also purchased a car in 2019 and paid sales tax of $3,000. How should Mary treat the taxes paid on her 2019 tax return?

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Income Tax Fundamentals 2020

ISBN: 9780357108239

38th Edition

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

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Question Posted: Aug 24, 2020 08:59 AM

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Mary paid $2,000 of state income taxes in 2019. She paid $1,500 of state sales tax on

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

Income Tax Fundamentals 2020

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