Which of the following statements best describes the deductibility of real property taxes when a taxpayer sells real property during a year?

Multiple Choice

A. The owner of the property at the time the property taxes are due is responsible for paying all of the real property taxes on the property for the year. Consequently, this person is allowed to deduct all of the property taxes for the year.

B. Taxpayers are allowed to deduct the real property taxes they actually pay for the year.

C. Taxpayers are allowed to deduct the property taxes allocated to the portion of the year that they owned the property.

D. None of the choices are correct.