Question
L. A. and Paula file as married taxpayers. In August of this year, they received a $5,200 refund of state income taxes that they paid
L. A. and Paula file as married taxpayers. In August of this year, they received a $5,200 refund of state income taxes that they paid last year. |
How much of the refund, if any, must L. A. and Paula include in gross income under the following independent scenarios? Assume the standard deduction last year was $11,900. |
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Auditing And Assurance A Case Studies Approach
Authors: LexisNexis
7th Edition
0409343943, 978-0409343946
