Claiming Property Taxes that was cancelled and credited to next year

Forum|Forum|4 years ago
January 27, 2022
1 reply
14 views

In Nov 2021, I paid the 1st installment of the 2021-2022 property tax bill.

At about the end of Dec 2021, the county canceled my 2021-2022 property bill due to an appraisal change (my property tax went down). The county issued me a new 2021-2022 property tax bill. The new 1st installment is due on Feb 28, 2022.

The county told me that the money I paid in Nov 2021 will be credited to the 1st installment of the corrected assessment tax bill (be credited automatically on Feb 28, 2022).

When I file my 2021 tax, can I claim the property tax deduction?

or should I claim the property tax deduction for 2022?

Thanks

Best answer by Mike9241

you paid it in 2021 claim it on your 2021 return.

Mike9241

Answer

Level 15

you paid it in 2021 claim it on your 2021 return.

Mike9241

Miakle_SolunaAuthor

Level 2

sorry, may be a little late.

If I paid $4,000 in Nov 2021. The corrected 1st installment is $3,800 and due on Feb 28, 2022 (be credited automatically from the $4,000 that the count held). The county will refund me $200.

Is that mean I should claim $4,000 in the 2021 tax return? and claim the $200 refund as other income in the 2022 tax return?

LeonardS

Level 14

Yes, you will claim the $4,000 you paid in Nov 2021 on your 2021 tax return. If the county applies the refund of $200 to next year's tax bill you will not have to take any action to report the refund. Should the county actually give you a check for the refund of $200, then you would report that as other income only if you deducted your tax payment of $4,000 as an itemized deduction for 2021. If you have any questions on this when you file your 2022 tax return post your question for help.

@Miakle_Soluna

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