During 2012,Nancy paid the following taxes:
Nancy sold her personal residence on June 30,2012,under an agreement in which the real estate taxes were not prorated between the buyer and the seller.What amount qualifies as a deduction from AGI for 2012 for Nancy?
A) $9,180.
B) $9,130.
C) $7,382.
D) $5,382.
E) None of the above.
Correct Answer:
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