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Author Question: During 2015, Mark's employer withheld $2,000 from his wages for state income tax. Mark claimed the ... (Read 80 times)

audie

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During 2015, Mark's employer withheld $2,000 from his wages for state income tax. Mark claimed the $2,000 as an itemized deduction on his 2015 federal income tax return. His total itemized deductions for 2015 were $8,000. Mark's taxable income for 2015 was a negative $20,000 due to substantial business losses. Mark received the $2,000 as a refund from the state during 2016. What amount must Mark include in income in 2016?
◦ $0
◦ $1,000
◦ $2,000
◦ $6,000


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Marked as best answer by audie on Sep 13, 2020

Loise Hard

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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audie

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Reply 2 on: Sep 13, 2020
Wow, this really help


scikid

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Reply 3 on: Yesterday
Excellent

 

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