this year mary received a $575 refund of state income taxes that she deducted on...
90.2K
Verified Solution
Link Copied!
Question
Accounting
this year mary received a $ refund of state income taxes that she deducted on her tax return last year, mary incuded a total of $ of state income taxes when she itemized deductions last year. what amount of the refund, if any should mary include in her gross income this year?
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!
