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Ramon has the following state tax payments in 2023. How much can he deduct on his 2023 return? State gift taxes $1,200 State income taxes
Ramon has the following state tax payments in 2023. How much can he deduct on his 2023 return?
- State gift taxes $1,200
- State income taxes withheld from w-2 $2,000
- Real estate taxes on primary residence $2,500
- Real estate taxes on second home $1,600
- Real estate taxes on hunting land $1,400
- Personal Property Tax on car $ 400
| A. | $6,500 | |
| B. | $7,500 | |
| C. | $7,900 | |
| D. | $9,100 | |
| E. | $10,000 |
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Intermediate Accounting
Authors: kieso, weygandt and warfield.
IFRS Edition
978-1118443965, 1118800532, 9781118800539, 978-0470873991
