Frank is a resident of a state that imposes a tax on income. The following information pertaining to Frank's state income taxes is available: What amount should Frank use as state and local income taxes in calculating itemized deductions for his 2016 Federal tax return, assuming he elects to deduct state and local income taxes?
A) $3,500
B) $3,700
C) $4,100
D) $4,200
E) None of the above
Correct Answer:
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