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Karen Baker, a cash basis calendar year taxpayer, paid the following in the year Social security tax (withheld from wages) 56 120 Personal property taxes
Karen Baker, a cash basis calendar year taxpayer, paid the following in the year Social security tax (withheld from wages) 56 120 Personal property taxes (ad valorem) 520 State income tax 5,000 State sales tax 3,800 Cigarette taxes 500 Fine for speeding 250 What itemized deduction may Karen claim for taxes on her return? a $5.520 Ob $9.820 c $10,000 d. $15,420 e None of these
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