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@ Chrome File Edit View History Bookmarks Profiles Tab Window Help Ty By Q $$ Sun May 18 6:57PM @ @ Final exam -Part2-2025sP x @ Question 32-FinalExam-P: x [YJ Dashboard x | + @ 3 ezto.mheducation.com/ext/map/index.html?_con=conexternal_browser=0launchUrl=https%253A%252F%252Fconnect.mheducation.... + t% e New Chrome available : oo e@@ All Bookmarks Final Exam - Part2 @ Saved Help Save Exit Submit Which of the following statements regarding the IRS and/or Tax Court approaches to allocating home-related expenses between rental use and personal use is correct? a2 Multiple Choice O The Tax Court approach allocates more property tax and interest expense to rental use than does the IRS approach. O The Tax Court and the IRS approaches allocate the same amount of expenses, other than interest expense and property taxes, to rental use. The IRS approach allocates interest expense and property taxes to rental use based on the ratio of the number of days of rental use to the total days of the year. None of the choices are correct