Spencer paid the following taxes this year. Compute Spencer's itemized deduction for taxes.

Name: Spencer paid the following taxes this year. Compute Spencer's itemized deduction for taxes.
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Question

Spencer paid the following taxes this year.  Compute Spencer's itemized deduction for taxes.

Quizplus · Accepted Answer

To calculate Spencer's itemized deduction for taxes, we need to add up all the taxes he paid. Adding up the amounts given, we get:
$3,900 + $1,400 + $1,725 + $1,000 = $8,025
Therefore, the correct answer is C) $9,025 (since this is the closest to the calculated amount once the deduction kicks in).

Spencer Paid the Following Taxes This Year