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Apply the tax benefit rule to determine the amount of the state income tax refund...

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Accounting

Apply the tax benefit rule to determine the amount of the state income tax refund included in gross income in 2024.If an amount is zero, enter "0".a.Myrna and Geoffrey filed a joint tax return in 2023. Their AGI was $107,825, and itemized deductions were $26,400, which included $6,600 in state income tax and no other state or local taxes. In 2024, they received a $5,280 refund of the state income taxes that they paid in 2023. The standard deduction for married filing jointly in 2023 was $27,700.$fill in the blank 1

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