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During 2014 Ella paid the following taxes related to her home: Property taxes on residence (paid from escrow account) $ 1,800 State personal property tax
During 2014 Ella paid the following taxes related to her home: Property taxes on residence (paid from escrow account) $ 1,800 State personal property tax on her automobile (based on value) 600 Property taxes on land held for long-term appreciation 400 ________________________________________ What amount can Ella deduct as property taxes in calculating itemized deductions for 2014? $ 2,800. $ 2,400. $ 400. $ 1,000.
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