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During the Current Year, Seth, a Self-Employed Individual, Paid the Following

Question 7

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During the current year, Seth, a self-employed individual, paid the following taxes:  Federal income tax $15,000 State income tax $8,500 Real estate taxes on land in South America (held as an investment)  $1,000 State sal es taxes 300 Personal property taxes based upon value $1,600 Federal self-employment tax $800\begin{array} { l r } \text { Federal income tax } & \$ 15,000 \\\text { State income tax } & \$ 8,500 \\\text { Real estate taxes on land in South America (held as an investment) } & \$ 1,000 \\\text { State sal es taxes } & 300 \\\text { Personal property taxes based upon value } & \$ 1,600 \\\text { Federal self-employment tax } & \$ 800\end{array} What amount can Seth claim as an itemized deduction for taxes paid during the current year?


A) $10,100
B) $11,400
C) $9,500
D) $10,000
E) None of these

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