25. Robert, who earns income and pays state tax on that income in Arizona, but resides...

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Accounting

25. Robert, who earns income and pays state tax on thatincome in Arizona, but resides in California, can claim a taxbenefit for that tax on the California tax return. The benefit iscalled what?
A. A credit
B.A deduction
C.An offset
D. Gift

Answer & Explanation Solved by verified expert

4.4 Ratings (594 Votes)

Answer Option A is Correct BeCaliforniause of the agreement between Arizona and California instead of an Arizona resident getting a state tax credit for taxes paid on a California nonresident state income tax return you need to paid the See Answer

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25. Robert, who earns income and pays state tax on that income in Arizona, but resides...

60.1K

Verified Solution

Question

Accounting

25. Robert, who earns income and pays state tax on thatincome in Arizona, but resides in California, can claim a taxbenefit for that tax on the California tax return. The benefit iscalled what?
A. A credit
B.A deduction
C.An offset
D. Gift

Answer & Explanation Solved by verified expert

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25. Robert, who earns income and pays state tax on that income in Arizona, but resides...

60.1K

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Accounting

25. Robert, who earns income and pays state tax on thatincome in Arizona, but resides in California, can claim a taxbenefit for that tax on the California tax return. The benefit iscalled what?A. A creditB.A deductionC.An offsetD. Gift

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25. Robert, who earns income and pays state tax on thatincome in Arizona, but resides in California, can claim a taxbenefit for that tax on the California tax return. The benefit iscalled what?
A. A credit
B.A deduction
C.An offset
D. Gift