Post a New Question

Fundamentals of Taxation

posted by on .

Tom and Betsy who are married filing jointly, reported a standard deduction of $11,400 on their 2010 tax return. They paid $500 to the state for income tax in 2010. In 2011, they received a $125 refund of state taxes paid in 2010. What
is the amount that Tom and Betsy need to report on their 2011 tax return?

Answer This Question

First Name:
School Subject:
Answer:

Related Questions

More Related Questions

Post a New Question