Multiple Choice
Harvey itemized deductions on his 2018 income tax return and was able to deduct all state and local income taxes paid. Harvey plans to itemize deductions again in 2019 and the following information is available regarding state and local income taxes: Assuming he deducts state and local income taxes, the above information should be reported by Harvey in his 2019 tax return as:
A) Itemized deduction for state and local income taxes of $12,500, and income from state and local tax refund of $200
B) Itemized deduction for state and local income taxes of $12,300
C) Itemized deduction for state and local income taxes of $12,800
D) Itemized deduction for state and local income taxes of $10,000 and income from state and local tax refund of $500
E) None of these
Correct Answer:

Verified
Correct Answer:
Verified
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