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Daniel lives in a state that charges a vehicle registration fee of $50 plus $20 for every $1,000 of value. During the current year, Daniel
Daniel lives in a state that charges a vehicle registration fee of $50 plus $20 for every $1,000 of value. During the current year, Daniel paid $170 for registration of his automobile.
a. How much of the vehicle registration fee is deductible as a personal property tax on Schedule A of Daniel's Form 1040?
b. Explain your answer.
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