Lisa has the following items related to her taxes: Federal tax refund (amount she overpaid)     $3000 Federal taxes withheld from her paycheck    $4000 California taxes withheld from her paycheck    $3000 Property tax paid on her personal residence:   $9000 What is the amount her itemized deduction for taxes? Select one: a. $13,000 b. $12,0000 c. $10,000 d. $16,0000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Lisa has the following items related to her taxes:

Federal tax refund (amount she overpaid)     $3000

Federal taxes withheld from her paycheck    $4000

California taxes withheld from her paycheck    $3000

Property tax paid on her personal residence:   $9000

What is the amount her itemized deduction for taxes?
Select one:
a. $13,000
b. $12,0000
c. $10,000
d. $16,0000
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