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California income tax laws are generally in conformity with the Internal Revenue Code except... Where the IRC is contradication to California income tax laws For

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California income tax laws are generally in conformity with the Internal Revenue Code except... Where the IRC is contradication to California income tax laws For taxpayers earning $1,000,000 or more in a taxable year In regards to separately-filed tax returns Nothing, because California adopted perfect congruity with the IRC through Assembly Bill 154. A taxpayer has $6,500 in mortage interest, $4,000 in real estate taxes, $500 in tax preparation fees, and $2,000 in Section 1341 Claim of Deductions available for itemization. Ignoring the 2% of AGI limitation, what amount of these base values - in total - is deductible for California but NOT for the Federal return? 500 2500 4000 7000 A taxpayer is itemizing their return and they're trying to calculate the deductible amount of state income taxes paid. They have $4,000 from their Form(s) W-2 and they paid an outstanding balance in the current year for the prior year's balance of $2,500. What is the total amount of Line 5 income taxes that they can itemize? (Do not consider SALT limitations for this question) 0 2500 4000 6500

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