If Susan overpays her state income tax because of excess with holdings, can she deduct the entire
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If Susan overpays her state income tax because of excess with holdings, can she deduct the entire amount in the year withheld? When Susan receives a refund from the state how must she treat that refund for tax purposes?
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Cash method taxpayers deduct all state taxes i...View the full answer
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Related Book For
Federal Taxation 2018 Comprehensive
ISBN: 9780134532387
31st Edition
Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson
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