Solved: The following taxes were paid by adam smith real estate, Accounting Basics

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The following taxes were paid by adam smith real estate

Question - The following taxes were paid by Adam Smith.

Real estate taxes on his home: $3,000

State income taxes: $900

Cigarette taxes: $500

State gasoline tax (personal use of automobile): $150

Social Security tax (withheld from wages): $5,500

Penalty on tax underpayment: $800

What can Adam claim as a tax deduction on Schedule A?

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Accounting Basics: The following taxes were paid by adam smith real estate

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Accounting Basics: The following taxes were paid by adam smith real estate

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