Question
19. (LO5) If a taxpayer had $5,600 in unemployment compensation during 2022 and federal AGI of $24,160, what is the taxpayers California AGI? 20. (LO5)
19. (LO5) If a taxpayer had $5,600 in unemployment compensation during 2022 and federal AGI of $24,160, what is the taxpayers California AGI?
20. (LO5) A CA resident taxpayers federal AGI is $84,500. The federal AGI includes a taxable California income tax refund of $2,100. The taxpayer also has City of Denver interest income of $400 and deducted Federal bonus depreciation of $670. How much is the taxpayers California AGI?
23. (LO6) What is the amount of California itemized deductions given the following? Federal itemized deductions total $26,750. The total includes real estate property tax of $3,200, state, and local income tax of $2,900, State Disability Insurance of $320, personal property tax on automobiles of $590. Assume the total tax deduction for federal purposes is less than $10,000.
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