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Business, 20.12.2019 01:31 bodisontbernard

Jesse brimhall is single. in 2018, his itemized deductions were $9,000 before considering any real property taxes he paid during the year. jesse’s adjusted gross income was $70,000 (also before considering any property tax deductions). in 2018, he paid real property taxes of $3,000 on property 1 and $1,200 of real property taxes on property 2. he did not pay any other deductible taxes during the year. problem 14-53 part c c. if property 1 is jesse’s primary residence and property 2 is a parcel of land he holds for investment, what is his taxable income after taking property taxes into account?

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