In February of the Current Year (Assume a Non-Leap Year),Ken

Multiple Choice

In February of the current year (assume a non-leap year) ,Ken and Kelsey received their property tax statement for last calendar-year taxes of $1,600,which they paid to the taxing authority on March 1 of the current year.They had purchased their home on May 1 last year.What amount of property tax on this statement may they claim as an itemized deduction this year?

A) $0
B) $800
C) $1,074
D) $1,600