Consider the following information related to the Smith family's 2021 taxes. The Smiths are a married...
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Consider the following information related to the Smith family's 2021 taxes. The Smiths are a married couple with no children. The combined state withholding was $12,800. Property taxes for 2021 were $4,100. Mortgage interest on their home was $8,698. The Smiths made charitable contributions in the amount of $4,850. What amount is the deduction claimed by the Smiths on line 12a of their Form 1040? $23,548 $10,000 $30,448 $25,100 Consider the following information related to the Smith family's 2021 taxes. The Smiths are a married couple with no children. The combined state withholding was $12,800. Property taxes for 2021 were $4,100. Mortgage interest on their home was $8,698. The Smiths made charitable contributions in the amount of $4,850. What amount is the deduction claimed by the Smiths on line 12a of their Form 1040? $23,548 $10,000 $30,448 $25,100
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Answer 30448 Explanation To calculate the deduction claimed by the Smiths on line ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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