74. Desmond purchased a smart phone for $800, designer tennis shoes for $750, and Jewelry for $600 from out of state retailers that did not collect tax. Although the total price of all the items is $2150, the price of each item is less than $1000. Since non of these individual items are over $1000 Desmond is not required t use the tax worksheet and may choose to use the tax look up table. Desmond California adjusted gross income was $155,000. What is the amount of use tax he must report? A. $11 B. $13 C. $15 D.$1240
74. Desmond purchased a smart phone for $800, designer tennis shoes for $750, and Jewelry for $600 from out of state retailers that did not collect tax. Although the total price of all the items is $2150, the price of each item is less than $1000. Since non of these individual items are over $1000 Desmond is not required t use the tax worksheet and may choose to use the tax look up table. Desmond California adjusted gross income was $155,000. What is the amount of use tax he must report? A. $11 B. $13 C. $15 D.$1240
Chapter8: Taxation Of Individuals
Section: Chapter Questions
Problem 58IIP
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Question
19.
Transcribed Image Text:74. Desmond purchased a smart
phone for $800, designer tennis
shoes for $750, and Jewelry for
$600 from out of state retailers
that did not collect tax. Although
the total price of all the items is
$2150, the price of each item is
less than $1000. Since non of
these individual items are over
$1000 Desmond is not required to
use the tax worksheet and may
choose to use the tax look up
table. Desmond California
adjusted gross income was
$155,000. What is the amount of
use tax he must report?
A. $11
B. $13
C. $15
D.$1240
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