Question: Feedback Check My Work Partially correct c . What effect does the apportionment have on Sally's amount realized from the sale? Sally paid none of
Feedback
Check My Work
Partially correct
c What effect does the apportionment have on Sally's amount realized from the sale?
Sally paid none of the real property taxes and
permitted to deduct the apportioned share of $
Her amount realized is
by this amount.
d How would the answers in parts b and c differ if Sally paid the taxes?
If Sally paid the taxes, Sally's amount realized would be $
Kate's adjusted basis would be $
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