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This year George, a single taxpayer, paid $10,800 of real estate taxes on his personal residence and $9,400 of state income taxes. Which of the
This year George, a single taxpayer, paid $10,800 of real estate taxes on his personal residence and $9,400 of state income taxes. Which of the following is true?
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George can deduct $10,800 of real estate taxes as an itemized deduction.
George can deduct $20,200 of taxes as an itemized deduction.
George can deduct $9,400 of state income taxes as an adjustment to income.
George can deduct $10,000 of taxes as an itemized deduction.
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