DavidD66
Expert Alumni

Deductions & credits

You can deduct $4177.26, that is the amount of unpaid property for the period you still owned the house.  That was subtracted from your proceeds from the sale.  The escrow amounts that the lender is requiring the buyer to pay in advance to make sure there is enough to pay the property tax when due.  It has no impact on you, and you can't deduct any of it.

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