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lbirnie
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Using Turbo Tax Business for an irrevocable trust. Under deductions it says I can deduct state and local property taxes. Is that correct for trusts or just businesses?

 
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Using Turbo Tax Business for an irrevocable trust. Under deductions it says I can deduct state and local property taxes. Is that correct for trusts or just businesses?

"Is that correct for trusts or just businesses?"

It is correct for trusts as well but see the link below for limitations.

https://www.irs.gov/instructions/i1041#idm140630131393744

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Using Turbo Tax Business for an irrevocable trust. Under deductions it says I can deduct state and local property taxes. Is that correct for trusts or just businesses?

"Is that correct for trusts or just businesses?"

It is correct for trusts as well but see the link below for limitations.

https://www.irs.gov/instructions/i1041#idm140630131393744

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