Newt is a single taxpayer living in Hollywood, California, with adjusted gross income for the 2019 tax year of $43,050. Newt's employer withheld $3,700 in state income tax from his salary. In April of 2019, he paid $300 in additional state taxes for his prior year's return. The real estate taxes on his home are $1,800 for 2019 and his personal property tax based on the value of his automobile is $75. Also, he paid $210 for state gasoline taxes for the year. The IRS estimate of general sales tax for Newt is $1,250 for 2019.
How much should Newt deduct on Schedule A of Form 1040 of his 2019 tax return for taxes paid?
Correct Answer:
Verified
\text { State tax wit...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q66: During the current year, George, a
Q67: Which one of the following is not
Q68: Meade paid $5,000 of state income taxes
Q69: Weber resides in a state that
Q70: Harvey itemized deductions on his 2018
Q72: Foreign income taxes paid are deductible.
Q73: Brittany determined that she paid $450 in
Q74: During the current year, Mr. and
Q75: Taxpayers are permitted an itemized deduction for
Q76: Margo has $2,200 withheld from her wages
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents