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Author Question: In February of the current year (assume a non-leap year), Ken and Kelsey received their property tax ... (Read 101 times)

vicotolentino

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In February of the current year (assume a non-leap year), Ken and Kelsey received their property tax statement for last calendar-year taxes of $1,600, which they paid to the taxing authority on March 1 of the current year. They had purchased their home on May 1 last year. What amount of property tax on this statement may they claim as an itemized deduction this year?
◦ $0
◦ $800
◦ $1,074
◦ $1,600


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Marked as best answer by vicotolentino on Sep 13, 2020

poopface

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vicotolentino

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Reply 2 on: Sep 13, 2020
Great answer, keep it coming :)


diana chang

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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