LLC - County Sales Tax on Rental Property Sold in 2020, taxes paid on 2021

[keaang]

LLC - Can a LLC deduct the County Sales Tax on a rental property that was sold in 2020, but county sales tax was paid in 2021.  

Where would be the best line item to expense it as in Turbotax for Business/LLCs?

Thanks

[AliciaP1]

It depends.  If you can confirm you did not receive a credit for the property taxes to be paid at the closing of the sale, you can expense the payment under "Taxes and Licenses" under Business Expenses.  If you received credit at the closing, the amount was taken into account in 2020 when you reported the sale and should not be deducted again.