Simon is single and a stockbroker for a large investment bank. During 2016, he has withheld from
Question:
a. Simon uses the standard deduction?
b. Simon has itemized deductions other than state and city income taxes of $4,850?
c. Simon has itemized deductions other than state and city income taxes of $3,700?
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a Because Simon uses the standard deduction 6300 in 2016 he does not have to include the income tax ...View the full answer
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Related Book For 
Concepts In Federal Taxation 2017
ISBN: 9781305965119
24th Edition
Authors: Kevin E. Murphy, Mark Higgins
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