What amount can sam deduct property taxes, Accounting Basics

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What amount can sam deduct 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 property taxes in calculanting his itemized deductions for 2011?

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Accounting Basics: What amount can sam deduct property taxes

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Accounting Basics: What amount can sam deduct property taxes

Reference No:- TGS060829

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Recent Questions Asked Accounting Basics

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Ask an Expert for Answer!!

Accounting Basics: What amount can sam deduct property taxes

Reference No:- TGS060829

Recent Questions Asked Accounting Basics

Q : Explain the nature of competition in a market

Q : What amounts should bbc record for the bonds

Q : What are the capital balances for messalina

Q : Calculating the annual compound interest

Q : What amount can sam deduct property taxes

Q : Long-run market supply curve

Q : Prepare a journal entry that summarizes wages

Q : What is the amount of her deductible charitable contribution

Q : Industrial regulation deal with monopoly

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