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Sheena Maskell Sheena Maskell
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7 years ago
Matt paid the following taxes:

Real estate taxes on rental property he owns   $4,000
Real estate taxes on his own residence   3,500
Federal income taxes   8,000
State income taxes   3,500
Local city income taxes   500
State sales taxes   700

What amount can Matt deduct as an itemized deduction on his tax return?
A) $7,500
B) $11,500
C) $15,500
D) $19,500
Textbook 
Prentice Hall's Federal Taxation: 2011: Individuals

Prentice Hall's Federal Taxation: 2011: Individuals


Edition: 14th
Authors:
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MsLippyMsLippy
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7 years ago
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Sheena M. Author
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#2
7 years ago
Thank you so much
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