Lyndon's employer withheld $10,100 in state income taxes from Lyndon's wages in 2019. Lyndon obtained a...
Lyndon's employer withheld $10,100 in state income taxes from Lyndon's wages in 2019. Lyndon obtained a refund of $1,700 in this year for overpayment of state income taxes for 2018. State income taxes were an itemized deduction on his 2018 return. His 2019 liability for state income tax is $8,700.
Indicate the amount of Lyndon's deduction for state income taxes on his federal tax return assuming he elects to deduct state income taxes for 2019.
Homework Answers
The amount of Lyndon's deduction for state income taxes in the 2019 tax year is $10,100 , which is the amount of state income taxes that was withheld from Lyndon's wages in 2019.
The refund of $1,700 in the year for overpayment of state income taxes is included in the Gross Income of the year of the tax return.
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