A home having an annual tax bill of $2,400 was sold at the end of the tenth month of the taxable year. The seller had already paid the entire tax for the year. How much tax was the seller reimbursed on proration of taxes at the time of the sale?

Question

​A home having an annual tax bill of $2,400 was sold at the end of the tenth month of the taxable year. The seller had already paid the entire tax for the year. How much tax was the seller reimbursed on proration of taxes at the time of the sale?

Rashad Hussain · Accepted Answer

Final Answer : $400​

A home having an annual tax bill of $2,400 was sold at the end of the tenth month of the taxable year. The seller had already paid the entire tax for the year. How much tax was the seller reimbursed on proration of taxes at the time of the sale?

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Learning Objectives

Related questions

​A home having an annual tax bill of $2,400 was sold at the end of the tenth month of the taxable year. The seller had already paid the entire tax for the year. How much tax was the seller reimbursed on proration of taxes at the time of the sale?

Definitions

Learning Objectives

Learning Objectives

Related questions

A home having an annual tax bill of $2,400 was sold at the end of the tenth month of the taxable year. The seller had already paid the entire tax for the year. How much tax was the seller reimbursed on proration of taxes at the time of the sale?