From the following information taken from a federal tax return, compute the amount of California itemized deductions. Real estate tax $4,200; California income tax $3,290; CA DMV tax based on value of the car $560; CA SDI $580; French tax on dividends of France Telecom stock $230. Home mortgage interest $9,600; Home equity loan interest $620; Charitable contributions $800; Miscellaneous deductions (after 2% deduction) $760.

A.

$15,740

B.

$16,540

C.

$12,340

D.

$15,980

Compute Elliot's California taxable income from the following information. Salary $62,400, Interest on U.S. Savings Bonds $400, Interest on Tucson, Arizona municipal bonds $600, Dividends on Key Corp Stock $900, Federal AGI $63,700, Eliot does not itemize. Single, no dependents.

A

$63,900

B

$59,171

C

$59,856

D

$59,771

E

$58,871

Edward's Federal AGI is $56,230. He is single and does not itemize. What is Edward's California tax liability after deducting credits? Remember to use Tax Tables for taxable incomes of $100,000 or less.

A $2,222

B

$2,220

C

$2,166

D

$2,164

Kate has two children and files Head of household. What is the amount that her California gross income must equal or exceed for her to be required to file a tax return?

A 30,747

B

$33,197

C

$37,627

D	None of the selections are correct.

E

$36,664