The Real Property Taxes on R's House Are Computed on a Calendar

question 6

Multiple Choice

The real property taxes on R's house are computed on a calendar year basis and are due November 1st of each year.The realty taxes on R's house were $2,400 for 2012.R sold his house on June 1, 2012, before the property tax payment was due.How much of these real property taxes are apportioned to and deductible by R as an itemized deduction on R's 2012 Federal income tax return?

• A)$0
• B)$993
• C)$1,407
• D)$1,999
• E)$2,400

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