Stu itemized deductions on his 2021 income tax return. Stu plans to itemize deductions again...
90.2K
Verified Solution
Link Copied!
Question
Accounting
Stu itemized deductions on his 2021 income tax return. Stu plans to itemize deductions again in 2022 and the following information is available regarding state and local taxes (ignore sales taxes election): Taxes withheld in 2022
a. Itemized deductions for taxes of $2,500, and income from state and local tax refund of $200.
b. Itemized deductions for taxes of $2,300.
c. Itemized deductions for taxes of $2,800.
d. Itemized deductions for taxes of $2,800, and income from state and local taxe refund of $500.
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!
