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Deductions & credits
It depends on whether you had used Itemized deductions and claimed the property taxes in the first place.
If you had previously claimed the property taxes as an Itemized deduction, then you should report the reimbursement as Other reportable income.
If you used the standard deduction and did not claim property tax previously, you do not report the reimbursement.
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March 22, 2022
7:25 AM