Sharon is single, lives in Idaho, and has adjusted gross income of $21,150 for 2010. Sharon elects

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Sharon is single, lives in Idaho, and has adjusted gross income of $21,150 for 2010. Sharon elects to deduct state income tax rather than state sales tax. The tax withheld from her salary for state income taxes is $1,050, and in May of the same year she received a $225 refund on her state income tax return for the prior year. Sharon paid real estate taxes on her house of $825 for the year and an automobile registration fee of $110, of which $25 is based on the weight of the automobile and the balance on the value of the property. Use the taxes section of Schedule A below to report Sharon’s deduction for state and local taxes.

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Income Tax Fundamentals 2011

ISBN: 9780538469197

29th Edition

Authors: Gerald E. Whittenburg, Martha Altus-Buller

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