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Please show how you got your work. Also, please follow the format. Thank you. Joyce is a single, cash-method taxpayer. On April 11, 2018, Joyce
Please show how you got your work. Also, please follow the format. Thank you.
Joyce is a single, cash-method taxpayer. On April 11, 2018, Joyce paid $130 in state Income taxes with her 2017 state Income tax return. During 2018. Joyce had $1,200 in state income taxes withheld. On April 13, 2019. Joyce paid $230 with her 2018 state tax return. During 2019, she had $2,000 in state income taxes withheld from her paycheck. Upon filing her 2019 tax return on April 15, 2020, she received a refund of $450 for excess state income taxes withheld. Joyce had total AGI in 2019 and 2020 of $55.000 and $57,100. respectively. In 2019, Joyce also paid $10.900 in qualified residence interest (Click the icon to view the standard deduction schedule.) Read the requirements. Requirement a. What is the amount of state income taxes Joyce may include as an itemized deduction for 2018? First select the appropriate labels and then calculate the 2018 itemized deduction for state income taxes. (If an input field is not used in the table leave the input field(s) empty, do not select a label or enter a zero.) 2018 itemized deduction for state income taxes Requirement b. What is Joyce's allowed itemized deduction for state income taxes for 2019? First select the appropriate labels and then calculate the 2019 itemized deduction for state income taxes. If an input field is not used in the table leave the input field(s) amply, do not select a label or enter a zero) 2019 itemized deduction for state income taxes table leave the input field(1) emply do not selecta Requirement c. What is Joyce's taxable income for 2019? (If an input field is not ut label or enter a zero.) Minus: Deductions from AGI: Taxable income Joyce is a single, cash-method taxpayer. On April 11, 2018, Joyce paid $130 in state Income taxes with her 2017 state Income tax return. During 2018. Joyce had $1,200 in state income taxes withheld. On April 13, 2019. Joyce paid $230 with her 2018 state tax return. During 2019, she had $2,000 in state income taxes withheld from her paycheck. Upon filing her 2019 tax return on April 15, 2020, she received a refund of $450 for excess state income taxes withheld. Joyce had total AGI in 2019 and 2020 of $55.000 and $57,100. respectively. In 2019, Joyce also paid $10.900 in qualified residence interest (Click the icon to view the standard deduction schedule.) Read the requirements. Requirement a. What is the amount of state income taxes Joyce may include as an itemized deduction for 2018? First select the appropriate labels and then calculate the 2018 itemized deduction for state income taxes. (If an input field is not used in the table leave the input field(s) empty, do not select a label or enter a zero.) 2018 itemized deduction for state income taxes Requirement b. What is Joyce's allowed itemized deduction for state income taxes for 2019? First select the appropriate labels and then calculate the 2019 itemized deduction for state income taxes. If an input field is not used in the table leave the input field(s) amply, do not select a label or enter a zero) 2019 itemized deduction for state income taxes table leave the input field(1) emply do not selecta Requirement c. What is Joyce's taxable income for 2019? (If an input field is not ut label or enter a zero.) Minus: Deductions from AGI: Taxable income Step by Step Solution
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