Question
Dora, a single, cash-method taxpayer, paid the following taxes in the current year, Dora employer withheld $5100 for federal income taxes, $1900 for state income
Dora, a single, cash-method taxpayer, paid the following taxes in the current year, Dora employer withheld $5100 for federal income taxes, $1900 for state income taxes, and $3500 for FICA from her paychecks. Dora purchased a new car and paid $750 in sales tax and $80 for the license. The car's FMV was $25000 and it weighted 3000 pounds. The county also assessed a property tax on the car. The tax was 2% of the car's value and $5 per hundredweight. Doar uses the car 100% of the time for personal purposes. Dora sold her house on April 20 of the current year. The county's property tax on the home for the year is $2000, payable on February 1 of the current year. The county's real property tax year is the calendar year. Dora"s AGI for the year is $62000 and her other itemized deductions exclusive of taxes are $5000 (disregard any leap year).
a. What is Dora's deduction for taxes in the current year?
b. Where should Dora report her deduction for the taxes on her tax return?
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