Mary paid $2,000 of state income taxes in 2012. The total sales tax she paid during 2012
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Mary paid $2,000 of state income taxes in 2012. The total sales tax she paid during 2012 was $5,500, which included $3,000 for the cost of a new car. How should Mary treat the taxes paid on her 2012 tax return?___________________________________________________________
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Mary can deduct the greater of the 5500 of regular sal...View the full answer
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Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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