Calculate the amount of dylans state income tax


Dylan is a self-employed, calendar year taxpayer. He reports on the cash basis. Dylan made the following estimated state income tax payments:
Date Amount

  • January 18, 2011 $1800 (4th payment for 2010)
  • April 15, 2011 $2250 (1st payment for 2011)
  • June 15, 2011 $2250 (2nd payment for 2011)
  • September 15, 2011 $2250 (3rd payment for 2011)
  • January 17, 2012 $2250 (4th payments for 2011)

Dylan had a tax overpayment of $1200 on his 2010 state income tax return and, rather than requesting a refund, had the overpayment applied to his 2011 state income taxes. What is the amount of Dylan's state income tax itemized deduction for his 2011 Federal income tax return?

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Accounting Basics: Calculate the amount of dylans state income tax
Reference No:- TGS0704797

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