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Itemized Deductions (LO. 4) Paula lives in Arkansas, which imposes a state income tax. During 2018, she pays the following taxes: Federal tax withheld $5,125
Itemized Deductions (LO. 4)
Paula lives in Arkansas, which imposes a state income tax. During 2018, she pays the following taxes:
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a. If Paulas adjusted gross income is $35,000 what is her allowable deduction for taxes? ?
b. Assume the same facts as in part a, except that Paula pays $1,600 in sales tax on a motor vehicle she purchased during the year. What is Paulas allowable deduction for taxes? ?
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