Deductions & credits
These taxes are part of the itemized deductions if you have more expenses than the standard deduction.
- The standard deduction for married couples filing jointly for tax year 2021 rises to $25,100, up $300 from the prior year.
- For single taxpayers and married individuals filing separately, the standard deduction rises to $12,550 for 2021, up $150, and
- For heads of households, the standard deduction will be $18,800 for tax year 2021, up $150.
The real estate taxes can be entered through a Form 1098 with mortgage interest or separately under Deductions & Credits, Your Home, Property Taxes (TurboTax Online or TurboTax CD/Download).
See the images below.
