Real estate taxes 3200 state income tax 3400 special


John Baker, a cash-basis, calendar-year taxpayer, paid the following during the year. Social security tax (withheld from wages): $4,500 Real estate taxes: $3,200 State income tax: $3,400 Special assessment for installation of sidewalks: $1,140 Penalty on tax underpayment: $300 Flat fee for automobile registration: $90 What itemized deduction may John claim for taxes on his return?

  • $7,700
  • $8,000
  • $11,190
  • $6,600

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Accounting Basics: Real estate taxes 3200 state income tax 3400 special
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