What amount can sam deduct as property taxes


during 2011 sam paid the following taxes
property taxes on residence (paid from escrow account) 1,550
property tax portion of car registration (based on value 400
property taxes on land held for long-term appreciation 350
what amount can sam deduct as property taxes in calculating his itemized deductions for 2011?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What amount can sam deduct as property taxes
Reference No:- TGS060955

Expected delivery within 24 Hours