How much should max deduct


Max, a cash basis taxpayer, had $2,100 in state income taxes withheld from his paychecks during the current year. In April of the current year, Max paid $300 for his previous year's state tax return. Max's total tax liability on his state tax return for the current year is $1,950. How much should Max deduct as an itemized deduction for state income taxes on his current year federal income tax return?

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Accounting Basics: How much should max deduct
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