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YCHUCHIES
New Member

Can i deduct school tax and road tax fees

on my income tax , building a home on our property, these taxes were charged to get a permit
1 Best answer

Accepted Solutions
MichaelL1
Level 15

Can i deduct school tax and road tax fees

If this is a flat fee charge for a permit it gets added to cost of home built.

If it is based on value of property built it is a tax, and can be added to Sch A as an itemized deduction for property taxes.

You must be able to itemize to claim this and the total State and Local taxes cannot exceed $10,000.  TurboTax does this computation for you.

View solution in original post

1 Reply
MichaelL1
Level 15

Can i deduct school tax and road tax fees

If this is a flat fee charge for a permit it gets added to cost of home built.

If it is based on value of property built it is a tax, and can be added to Sch A as an itemized deduction for property taxes.

You must be able to itemize to claim this and the total State and Local taxes cannot exceed $10,000.  TurboTax does this computation for you.

View solution in original post

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