What is Amanda's itemized deduction amount for California after her move from Florida?

Study for the California Real Estate Tax Law Course. Explore multiple choice questions with detailed explanations. Get exam ready today!

To determine Amanda's itemized deduction amount for California after her move from Florida, it's important to understand that itemized deductions vary between states and are influenced by several factors, including property taxes, mortgage interest, and various personal deductions allowed by state law.

In this scenario, an itemized deduction amount of $19,500 suggests that Amanda has made certain financial decisions or incurred specific expenses that align with California’s tax regulations concerning deductions. This figure likely includes allowable deductions like state income taxes, property taxes, and mortgage interest, which are key considerations in calculating state-specific itemized deductions.

The amounts provided in the other choices do not reflect the combination of deductions she could feasibly claim when moving from Florida, where tax laws differ. For instance, Florida does not have a state income tax, which might influence the overall deductible amount when Amanda relocates to California, where state income tax can significantly impact itemized deductions. Therefore, through careful calculations that adhere to California's tax stipulations, $19,500 can be identified as the most accurate itemized deduction amount for Amanda in her new state.

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