Question
Paul, a calendar year single taxpayer, has the following information for 2020: AGI State income taxes State sales tax Real estate taxes $175,000 13,500 3,000
Paul, a calendar year single taxpayer, has the following information for 2020: AGI State income taxes State sales tax Real estate taxes $175,000 13,500 3,000 Gambling losses (gambling gains were $12,000) Paul's allowable itemized deductions for 2020 are: 18,900 6,800 16800
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Study Guide And Working Papers For Advanced Accounting
Authors: Joe Ben Hoyle, Thomas F. Schaefer, Timothy S. Doupnik, Sharon O'reilly
10th Edition
0077268040, 9780077268046
