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Wayne paid $5000 in state income taxes, $3500 in state sale taxes, 4000 in local taxes and 7000 in property taxes. What is the maximum
Wayne paid $5000 in state income taxes, $3500 in state sale taxes, 4000 in local taxes and 7000 in property taxes. What is the maximum amount that Wayne can claim as an itemized deduction on his 2018 return? A. $10,000 B. $14,500 C.$16,000 D.$19,500
Wayne paid $5000 in state income taxes, $3500 in state sale taxes, 4000 in local taxes and 7000 in property taxes. What is the maximum amount that Wayne can claim as an itemized deduction on his 2018 return?
A. $10,000
B. $14,500 C.$16,000 D.$19,500
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