which of the following is a deductible tax 612745

Which of the following is a deductible tax?

a. Incorrect. Homeowner”s association fees are not considered a real estate tax, because they are not based on the assessed value of the property or used for the general community or a governmental purpose and so are not deductible.

b. Correct. A tenant-shareholder can deduct his or her share of real property taxes paid by a cooperative housing corporation.

c. Incorrect. Fines are nondeductible payments.

d. Incorrect. An employee cannot deduct his or her share of FICA withheld from wages.