buyer purchased a home with a closing date of June 16. The taxes were paid for...
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buyer purchased a home with a closing date of June 16. The taxes were paid for the year on Jan 1. If the taxes for the year are $3,000 and the prorations are based on a 360 day year, for how much will the buyer be responsible? buyer purchased a home with a closing date of June 16. The taxes were paid for the year on Jan 1. If the taxes for the year are $3,000 and the prorations are based on a 360 day year, for how much will the buyer be responsible?
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To calculate the prorated amount of taxes that the buyer is responsible for ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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