in year one taxpayer filed a joint return showing gross income of $45,000 and deductions of $48,000, which included state real property taxes paid on their residence in the amount of $5,000. Contesting the amount of their liability for the state property taxes, taxpayers successfully brought suit for a refund of those taxes.

Answer rating: 100% (QA)

Okay based on the information provided In Year 1 the taxpayers filed a joint return Their gross inco... View the full answer