Question $5$

$2$ pts

A homestead exemption is based on what value?

$q,$

Current market value of your home

Remaining balance on your primary mortgage

Your equity in the home

Current tax appraised value of your home

Question $6$

$2pts$

What is the term for when the IRS accepts payment for less than what you actually owe?

Offer$-$in$-$compromise

Tax forgiveness

Tax credit

Installment plan