Question: Viola ( 4 5 ) is single. Her 2 0 2 1 federal itemized deductions totaled $ 1 5 , 4 0 0 , of

Viola (45) is single. Her 2021 federal itemized deductions totaled $15,400, of which she claimed $1,000 of state income taxes paid in 2021. She filed her tax return on April 14,2022, and on May 1,2022, she received a $1,000 state income tax refund. How much of her 2021 state income tax refund is taxable on her 2022 federal return?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!