Shirin Resides in a State That Imposes a Tax on Income.The

question 20

Multiple Choice

Shirin resides in a state that imposes a tax on income.The following information relates to Shirin's state income tax situation for 2016: Assuming she elects to deduct state and local income taxes,what amount should Shirin use to calculate itemized deductions for her 2016 federal income tax return?

• A)$5,250.
• B)$5,950.
• C)$3,600.
• D)$0.

---

Definitions:

Illusory Promise

A statement that appears to be a promise but does not actually bind the party to any commitment or obligation.

Promissory Estoppel

A legal principle that prevents a party from going back on a promise, even if the promise was not formally agreed upon, if the other party has relied on that promise to their detriment.

Adequate Consideration

Sufficient value or compensation exchanged between parties in a contract, making the agreement legally binding.

Detriment

A state of being harmed or damaged, often used in legal contexts to describe loss or injury.