A property owner after payment of taxes received tax abetment due to his commitments to a local regulations, this will be handled by a. Estimated discount on property taxes b. Allowance for uncollectible property taxes c. No need for adjustment d. Allowance for property tax refund
A property owner after payment of taxes received tax abetment due to his commitments to a local regulations, this will be handled by a. Estimated discount on property taxes b. Allowance for uncollectible property taxes c. No need for adjustment d. Allowance for property tax refund
Chapter5: Deductions For And From Agi
Section: Chapter Questions
Problem 20MCQ
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A property owner after payment of taxes received tax abetment due to his commitments to a local regulations, this will be handled by
a.
Estimated discount on property taxes
b.
Allowance for uncollectible property taxes
c.
No need for adjustment
d.
Allowance for property tax refund
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