Which of the Following Statements Regarding Deductions for Real Property

question 76

Multiple Choice

Which of the following statements regarding deductions for real property taxes is correct?

• A) Real property taxes paid on an individual's personal residence are deductible as for AGI deduction.
• B) Taxpayers may deduct as an itemized deduction up to $10,000 (unless married filing separately) all taxes combined (including state income taxes and real property taxes).
• C) Taxpayers are not allowed to deduct real property taxes.
• D) None of these statements are correct.

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