- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
While there is no "official" block on the 1098 to show property taxes paid, most will include it somewhere on the form.
YES. You will enter the property taxes paid when prompted for that. The mortgage company paid those taxes with "YOUR" money from your escrow account. You can claim it. Weather it's actually deductible or not depends on to many factors to cover here. But the program will be able to deal with it just fine, provided you actually enter the amount paid.
‎January 14, 2024
8:41 AM