Solved

This Year Norma Paid $1,200 of Real Estate Taxes on Her

Question 28

Multiple Choice

This year Norma paid $1,200 of real estate taxes on her personal residence. Norma's other itemized deductions (state income taxes) only amount to $3,100. Which of the following is a true statement if Norma files single with one personal exemption?


A) Norma can deduct 4,300 for AGI.
B) Norma should deduct $1,200 even if her standard deduction is $6,300.
C) Norma should deduct $4,300 even if her standard deduction is $6,300.
D) Norma should deduct $3,100 even if her standard deduction is $6,300.
E) Norma should claim the standard deduction.

Correct Answer:

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