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On April 1, 2016, Paul sold a house to Amy. The property tax on the house, which is based on a calendar year, was due
On April 1, 2016, Paul sold a house to Amy. The property tax on the house, which is based on a calendar year, was due September 1, 2016. Amy paid the full amount of property tax of $2,700. Calculate both Pauls and Amys allowable deductions for the property tax. Assume a 365 day year.
allowable deductions paul and amy??
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