Dan has AGI of $50,000 and paid the following taxes during this tax year. $ 1,575...
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Dan has AGI of $50,000 and paid the following taxes during this tax year. $ 1,575 State income tax withholding State income tax estimated payments Federal income tax withholding Social Security tax withheld from wages State excise tax on liquor Automobile license (based on the car's weight) State sales tax paid 960 3,375 2,160 530 365 645 Calculate how much Dan can deduct for taxes as an itemized deduction this year. Deductible taxes Dan has AGI of $50,000 and paid the following taxes during this tax year. $ 1,575 State income tax withholding State income tax estimated payments Federal income tax withholding Social Security tax withheld from wages State excise tax on liquor Automobile license (based on the car's weight) State sales tax paid 960 3,375 2,160 530 365 645 Calculate how much Dan can deduct for taxes as an itemized deduction this year. Deductible taxes
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Related Book For
Fundamentals of Taxation 2016
ISBN: 9781259812774
9th edition
Authors: Ana Cruz, Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler, Jinhee Trone
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