Hello,
In 2022, I have received 2 different homeowner tax rebates:
1) New York State - "2022 Homeowner Tax Rebate" check - $334
2) New York City "Property Tax Rebate" check - $150
I entered the first one (the State rebate) in the "Homeowner Tax Rebate" credit portion of the New York taxes. That dialog says "If you are claiming itemized deductions you must reduce your federal property tax deduction by the amount of New York savings received in 2022". How exactly do I do that in the Federal return? Do I go to the mortgage 1098 section and manually decrease the amount for the "Property (real estate) taxes paid"? Or do I have to enter that in some other way?
And how do I factor in the second rebate check (the one from New York CITY)? Do I have to enter that anywhere in either the Federal and/or State section of the return?
Thanks
