In Piatt County, the Real Property Tax Year Is the Calendar

Essay

In Piatt County, the real property tax year is the calendar year.The real property tax becomes a personal liability of the owner of real property on January 1 and is payable on July 1 in the real property tax year.On June 30 of this
year (assume it is not a leap year), Harry sells his house to Judy for $110,000 and on July 1, Judy pays the entire real estate tax of $4,380 for the current year ending December 31.
a.How much of the property taxes may Harry deduct?
b.How much of the property taxes may Judy deduct?