Question
This year, a single taxpayer, paid $15,000 of real estate taxes on her personal residence and 9,500 of state income taxes. Which of the following
This year, a single taxpayer, paid $15,000 of real estate taxes on her personal residence and 9,500 of state income taxes. Which of the following is a true?
| A. | Even if TP has no other itemized deductions, he should claim the standard deduction. | |
| B. | TP can deduct $24,500 of taxes as an itemized deduction. | |
| C. | TP can deduct $9,500 of state income taxes as a for AGI deduction. | |
| D. | TP can deduct $10,000 of taxes as an itemized deduction. | |
| E. | TP can deduct $15,000 of real estate taxes as an itemized deduction. |
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Making Accountability Work Dilemmas For Evaluation And For Audit
Authors: Marie-Louise Bemelmans-Videc, Jeremy Lonsdale, Burt Perrin
1st Edition
1412865557, 978-1412865555
