Mary paid $2,000 of state income taxes in 2022. She paid $1,500 of state sales tax on

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Mary paid $2,000 of state income taxes in 2022. She paid $1,500 of state sales tax on the purchase of goods and she also purchased a car in 2022 and paid sales tax of $3,000. How should Mary treat the taxes paid on her 2022 tax return?

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Income Tax Fundamentals 2023

ISBN: 9780357719527

41st Edition

Authors: Gerald E. Whittenburg, Steven Gill

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Question Posted: Feb 28, 2023 05:27 AM

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Mary paid $2,000 of state income taxes in 2022. She paid $1,500 of state sales tax on

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Mary can deduct the greater of the 4500 of regular sal...View the full answer

Income Tax Fundamentals 2023

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