Graciela, who is single, reported itemized deductions of $6,450 on her 2017 tax return. Her itemized deductions
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Graciela, who is single, reported itemized deductions of $6,450 on her 2017 tax return. Her itemized deductions included $200 of state taxes paid. In 2018, she received a $150 refund of state taxes paid in 2017. What is the amount that Graciela needs to report on her 2018 tax return? Use the Internet (www.irs.gov) to find out how much the standard deduction was for 2017.
a. $200.
b. $100
c. $0.
d. She needs to amend her 2017 tax return.
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Related Book For
Fundamentals Of Taxation 2019
ISBN: 9781260158670
12th Edition
Authors: Ana M. Cruz Dr., Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler, Jinhee Trone
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