Janyce, a single taxpayer, has AGI of $125,000 and paid the following taxes this year. Calculate how
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Question:
Janyce, a single taxpayer, has AGI of $125,000 and paid the following taxes this year. Calculate how much Janyce can deduct for taxes as an itemized deduction this year.
| State income tax withholding | $ | 7,200 |
| State income tax estimated payments | 600 | |
| State income tax refund (applied to this years tax) | 800 | |
| State automobile tax (based on cars value) | 1,900 | |
Itemized Deduction? : __________
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