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Deductions & credits
Yes, property taxes paid on vacant land are deductible if you itemize your deductions.
This will be posted to:
- Deductions and Credits
- Your Home
- Property (Real Estate) Taxes
- Yes, Did you pay property or real estate taxes in 2020?
- Enter the property taxes you paid in 2020
As you stated the SALT (State and local taxes) deduction is limited to $10,000 for 2018.
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ā€ˇFebruary 15, 2021
9:44 AM