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Mrs. Stuart paid the following taxes:
| | |
| Local property tax on: | | | |
| 20 acres of land held for investment | $ | 1,500 | |
| Condominium used as principal residence | | 2,825 | |
| Sailboat used as vacation residence | | 1,975 | |
| Florida sales tax on consumer goods | | 3,400 | |
| Federal employee payroll tax on salary | | 15,200 | |
| Federal income tax | | 30,800 | |
| |
To what extent (if any) can Mrs. Stuart deduct each of these payments?
local property tax on:
20 acres of land held for investment =
condominium used as principal residence =
sailboat used as vacation residence =
Florida sales tax on consumer goods =
federal employee payroll tax on salary =
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