Question: Identify the tax issue or issues suggested by the rolling situations and state each issue in the form of a question: In 2014, firm k

Identify the tax issue or issues suggested by the rolling situations and state each issue in the form of a question:

In 2014, firm k paid $129,000 real property tax to jurisdiction J and deducted the payment. In 2015, it successfully contested the property tax assessment. As a result, jurisdiction J refunded $18,000 of the property tax

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