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Timothy has AGI of $70,000 and has made the following payments State income tax withholding .............2,200 State sales tax paid .......................... ...............2,100 Federal income tax
Timothy has AGI of $70,000 and has made the following payments
State income tax withholding .............2,200
State sales tax paid .......................... ...............2,100
Federal income tax withholding ........................8,000
Social security tax withheld from wages ...........5,600
State gift tax 6,000 Town real estate tax ......9,000
Excise tax on personal realty ............................1,000
Calculate the amount of taxes that Timothy can include with his itemized deductions.
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