Essay
This year Kelsi received a $1,900 refund of state income taxes that she paid last year.Last year Kelsi claimed itemized deductions of $7,450 including $2,800 of state income taxes.How much of the refund,if any,must Kelsi include in gross income if the standard deduction last year was $6,350?
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$1,100 The tax benefit is the lesser of ...View Answer
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