Question

Which of the following real estate taxes paid by the tax will not be deductible on the taxpayer's return?

vacation home in Florida

Elderly Mother's home

Hunting Cabin in Montana

Primary residence

Answer 1

	Which of the following real estate taxes paid by the tax will not be deductible on the taxpayer's return?
Ans:	Option B i.e. Elderly Mother's home is correct.
	Explanation:-
1	The deduction for real estate taxes paid by taxpayer is allowed if he is the owner of the property.
2	The taxpayer can claim deduction for real estate taxes paid on all properties which he own.
3	The real estate taxes paid on the elderly mother's home will not be deductible since the property is owned by mother, not by the taxpayer. The tax is not levied on the taxpayer personally.
4	The real estate taxes paid on primary residence, vacation home in Florida and Hunting Cabin in Montana is deductible.
	So, Option B is correct

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