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einprogress=false eBook Calculator Print Item Multiple Choice 5-21 Taxes (LO 5.7) In April 2019, Fred paid $60 of state income tax that was due when

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einprogress=false eBook Calculator Print Item Multiple Choice 5-21 Taxes (LO 5.7) In April 2019, Fred paid $60 of state income tax that was due when he filed his 2018 income tax return. During 2019, Fred's employer withheld $1,500 of state income tax from his pay. In April 2020, Fred determined that his 2019 state tax liability was on $1,200 and received his state income tax refund of $300 in May 2020. Assuming Fred itemizes, how much state income tax deduction should he report on his 2019 federal income tax return? Oa. $1,260 Ob. $900 Oc. $1,560 Od. $1,500 Xe $1,200 Feedback Check My Work Taxpayers may elect to deduct either state and local sales and use taxes or state and local income taxes as itemized deductions. The election to deduct state and local sales tax instead of income tax primarily benefits taxpayers in states with no income taxes or low income tax rates einprogress=false eBook Calculator Print Item Multiple Choice 5-21 Taxes (LO 5.7) In April 2019, Fred paid $60 of state income tax that was due when he filed his 2018 income tax return. During 2019, Fred's employer withheld $1,500 of state income tax from his pay. In April 2020, Fred determined that his 2019 state tax liability was on $1,200 and received his state income tax refund of $300 in May 2020. Assuming Fred itemizes, how much state income tax deduction should he report on his 2019 federal income tax return? Oa. $1,260 Ob. $900 Oc. $1,560 Od. $1,500 Xe $1,200 Feedback Check My Work Taxpayers may elect to deduct either state and local sales and use taxes or state and local income taxes as itemized deductions. The election to deduct state and local sales tax instead of income tax primarily benefits taxpayers in states with no income taxes or low income tax rates

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