Mr. Curtis paid the following taxes. Federal income tax ..................................................................... $50,789 Federal gift tax ............................................................................ 285 Federal

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Mr. Curtis paid the following taxes.
Federal income tax ..................................................................... $50,789
Federal gift tax ............................................................................        285
Federal employer payroll tax for housekeeper ......................        920
Indiana income tax ....................................................................     5,710
Indiana sales tax on consumer goods and services ..............     2,040
Local property tax on:

Principal residence ..................................................................   2,800
Vacation home .........................................................................   1,800
Two automobiles .....................................................................      900

To what extent (if any) can Mr. Curtis deduct each of these payments?

Assume the taxable year is 2018.

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Principles Of Taxation For Business And Investment Planning 2019 Edition

ISBN: 9781260161472

22nd Edition

Authors: Sally Jones, Shelley C. Rhoades Catanach, Sandra R Callaghan

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