Hello,
In tax year 2020, I sold my primary residence and then purchased a new primary residence in October 2020. I escrow my mortgage payments on my new primary residence. No distributions in 2020 occurred from my escrow account (probably b/c I bought it so late in the year).
The Closing Disclosure (on my new primary residence) shows I reimbursed at closing the seller for real estate taxes they previously paid. I reimbursed them a prorated amount from 10/21/2020 (my purchase date) onward. These prorates taxes were NOT paid from my escrow account, since they were due at closing on my new primary residence.
Do I COMBINE those pro-rated tax amounts paid at closing on my new primary residence with the real estate taxes I also paid on my prior primary residence (that I also sold in 2020)? Or must I separate the taxes paid on each of these primary residences? If so how? I don't see another field.
Note: I realize you can only have one primary residence at a time. I sold my prior primary residence, then bought my new primary residence, all in 2020.
