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Mary recieved $16,000 refund of state income taxes in April this year that she paid last year. Last year Mary claimed itemized deductions of $15,640.
Mary recieved $16,000 refund of state income taxes in April this year that she paid last year. Last year Mary claimed itemized deductions of $15,640. Her itemized deductions included state income taxes paid of $6,000. How much of the refund, if any, must she include in gross income if the standard deduction last year was $12,950? Show your work for full credit.
please help thank you!!
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