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During the Current Year,Robbie and Anne Pay the Following Taxes

Question 96

Multiple Choice

During the current year,Robbie and Anne pay the following taxes:
 State income tax (bal ance due for last year)  $1,000 Estimated state income tax 2,400 Estimated federal income tax 3,250 Sales tax (Federal Sales tax table)  600 State gift tax 700 Property tax on personal residence 2,450 Real estate tax on condominium in Breckinridge, CO. 1,100\begin{array}{lr}\text { State income tax (bal ance due for last year) } & \$ 1,000 \\\text { Estimated state income tax } & 2,400 \\\text { Estimated federal income tax } & 3,250 \\\text { Sales tax (Federal Sales tax table) } & 600 \\\text { State gift tax } & 700 \\\text { Property tax on personal residence } & 2,450 \\\text { Real estate tax on condominium in Breckinridge, CO. } & 1,100\end{array}
What amount can Robbie and Anne claim as an itemized deduction for taxes on their federal income tax return for the year?


A) $ 5,850
B) $ 6,950
C) $ 7,550
D) $ 8,050
E) $11,300

Correct Answer:

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