You can claim property (real estate) tax you already paid for the calendar year, minus any amount allocated to the buyer. It doesn’t matter if you were reimbursed for the buyer’s share at the close of escrow or not—you can only claim your share of the property (real estate) tax for the time you owned the home.
Here are two ways to see what you were reimbursed:
- It's in Box 6 of Form 1099-S
- Look for "property tax," "real estate tax," or “county taxes” on your HUD-1 settlement statement
@RoyD
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