Carl
Level 15

Deductions & credits

The property taxes you paid on the old home you sold, I assume are on the 1098.

The property taxes on the new home are, more than likely, on the closing statement you got when you closed on the purchase of the new home. Take note of the following:

-When you sold the old home, chances are the buyer had to reimburse you a portion of the property taxes. If so, then you have to subtract the reimbursed amount from the property taxes paid, that is shown on your 1098 for the home you sold.