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  3. 21) 21) arun paid the following taxes this year: r

21) 21) Arun paid the following taxes this year: Real estate taxes on rental property...

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Accounting

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21) 21) Arun paid the following taxes this year: Real estate taxes on rental property he owns Real estate taxes on his own residence Federal income taxes State income taxes Local city income taxes $4,000 3,600 8,000 3.400 500 What amount can Arun deduct as an itemized deduction on his tax return? A 19.5 B) $7,500 C) $15,500 D) $15,000

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