Sep 03, 2015 · Upon filing her 2013 tax return on April 15, 2014, she received a refund of $450 for excess state income taxes withheld. Joyce had total AGI in 2012 and 2013 of $51,000 and $53,500, respectively. In 2012, Joyce also paid $3,500 in qualified residence interest. What is the amount of state income taxes Joyce may include as an itemized deduction ...
Aug 13, 2017 · Begin by calculating the 2015 itemized deductions 2015 State Income Taxes $ 2,300.00 Joyce is a single, cash-method taxpayer. On April 11, 2014, Joyce paid $120 state income taxes with $1,600 in state income taxes withheld. On April 13, 2015, Joyce paid $ $200 with her 2014 state tax withheld from her paycheck.
Deduction of Taxes. Joyce is a single , cash-method taxpayer . On April 11,2015, Joyce paid $120 in state income taxes with her 2014 state income tax return . During 2015 , Joyce had $1,600 in state income taxes withheld . On April 13 , 2016, Joyce paid $200 with her 2015 state tax return .
Apr 11, 2014 · Deduction of Taxes. Joyce is a single , cash-method taxpayer . On April 11,2015, Joyce paid $120 in state income taxes with her 2014 state income tax return . During 2015 , Joyce had $1,600 in state income taxes withheld . On April 13 , 2016, Joyce paid $200 with her 2015 state tax return .
The new law suspends the deduction for job-related expenses or other miscellaneous itemized deductions that exceed 2 percent of adjusted gross income. This includes unreimbursed employee expenses such as uniforms, union dues and the deduction for business-related meals, entertainment and travel.
Taxpayers can no longer deduct interest paid on most home equity loans unless they used the loan proceeds to buy, build or substantially improve their main home or second home.