Roger paid the following taxes during 2021: State Income Tax $6,700 Real Property Taxes on his home $4,200 State Sales Tax $1,700 What is Roger's itemized deduction for taxes paid? $0 $10,000 $12,600 $10,900

Roger paid the following taxes during 2021: State Income Tax $6,700 Real Property Taxes on his home $4,200 State Sales Tax $1,700 What is Roger's itemized deduction for taxes paid? $0 $10,000 $12,600 $10,900

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Roger paid the following taxes during 2021:
State Income Tax $6,700
Real Property Taxes on his home $4,200
State Sales Tax $1,700
What is Roger's itemized deduction for taxes
paid?
$0
$10,000
$12,600
$10,900

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