Matt Paid the Following Taxes This Year What Is the Maximum Amount Matt Can Deduct as an l

question 86

Multiple Choice

Matt paid the following taxes this year: $$\begin{array} { | l | r | } \hline \text { Real estate taxes on his own residence } & \$ 3,600 \\\hline \text { State income taxes } & 900 \\\hline \text { Local city income taxes } & 300 \\\hline \text { State sales taxes } & 1,400 \\\hline\end{array}$$ What is the maximum amount Matt can deduct as an itemized deduction on his tax return?

• A) $6,200
• B) $5,000
• C) $5,300
• D) $4,800

Analyze the relationship between media representations and reality, including how media helps define and alter perceptions of reality.

Understand the historical and social context of media productions, specifically regarding their ideological implications.

Examine the ideological criticisms of contemporary advertising and its impact on consumer culture.

Discuss the role of media in promoting certain ideologies related to social problems and public life.

---

Definitions:

Monthly Depositor

A business classified as a monthly depositor will make its payroll tax deposits only once each month for the amount of Form 941 taxes due from the prior month.

Look-Back Period

A specified time frame in the past during which relevant financial transactions or performance is reviewed or analyzed.

Payroll Tax Expense

Taxes that are incurred by an employer based on the salaries and wages of employees, including taxes like Social Security and Medicare in the United States.

FICA

The Federal Insurance Contributions Act tax is a United States federal payroll tax imposed on both employees and employers to fund Social Security and Medicare.