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Simon is single and a stockbroker for a large investment bank. During 2017, he has withheld from his paycheck $2,250 for state taxes and $400
Simon is single and a stockbroker for a large investment bank. During 2017, he has withheld from his paycheck $2,250 for state taxes and $400 for city taxes. In June 2018, Simon receives a state tax refund of $145. Enter the amount Simon should include in his 2018 taxable income based on the scenarios stated below.
How much is included in 2018 taxable income if Simon has itemized deductions other than state and city income taxes of $3,800?
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