During 2019Noriko paid the following taxes related to her home: Real Estate property taxes on residence (paid

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During 2019Noriko paid the following taxes related to her home:

Real Estate property taxes on residence (paid from escrow account).................$1,800

State personal property tax on her automobile (based on value)..............................600

Property taxes on land held for long-term appreciation.............................................400

What amount can Noriko deduct as property taxes in calculating itemized deductions, assuming she was under the $10,000 limit for state and local taxes,for 2019?

a. $400.

b. $1,000.

c. $2,400.

d. $2,800.

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Related Book For  answer-question

Fundamentals Of Taxation 2020 Edition

ISBN: 9781260483147

13th Edition

Authors: Ana Cruz, Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler

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