Each of the following taxpayers received a state income tax refund in 2020. In all cases, the taxpayer has a filing status of married filing jointly. The standard deduction in 2019 was $24,400. What amount of the refund is properly included in 2020 income? Refund of $745; taxpayer did not itemize deductions in 2019. Refund of $671; taxpayer had $25,631 of itemized deductions in 2019. Refund of $975; taxpayer had itemized deductions of $24,860 in 2019.

Required: Each of the following taxpayers received a state income tax refund in 2020. In all cases, the taxpayer has a filing status of married filing jointly. The standard deduction in 2019 was $24,400. What amount of the refund is properly included in 2020 income? a. Refund of $745; taxpayer did not itemize deductions in 2019. b. Refund of $671; taxpayer had $25,631 of itemized deductions in 2019. c. Refund of $975; taxpayer had itemized deductions of $24,860 in 2019. Taxable refund a. b. C