Essay
This year Kelly bought a new auto for $20,000 plus $1,650 in state and local sales taxes.Besides this sales tax,Kelly also paid $8,260 in state income taxes and had other itemized deductions (e.g.,mortgage interest)of $3,500.If Kelly files single with AGI of $56,000,what amount of itemized deductions will she be eligible to claim?
Correct Answer:
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$11,760 = $8,260 + $3,500
State income t...View Answer
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Correct Answer:
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State income t...
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