sestion 26 1 points Save Aswer As a homeowner with substantial charitable contributions. Hannah B...
60.1K
Verified Solution
Link Copied!
Question
Accounting
sestion 26 1 points Save Aswer As a homeowner with substantial charitable contributions. Hannah B regularly claims the itemized deduction. Last year, Hannah deducted $2,400 of state income taxes on her tax return This year she received a state income tax refund of $170. What amount of the refund, if any, should Hannah include in her gross income last year her total itemized deductions exceeded the standard deduction by $350? O $2,050 O $350 O $100 S170 None of those -refunds of state income taxes are not included in gross income Question 26 of 50
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!