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Deductions & credits
Probably not. To be deductible, the taxes must actually be assessed on the property as a matter of law. Just because you expect the taxes to be a certain amount, does not mean they have been assessed. You need to look at the property tax assessment schedule in your state or county. For example, in New York State, school taxes are assessed on September 1 of the tax year. If you prepaid your 2024 school tax in July 2024, it would not be deductible because it had not been assessed yet (even though the bill was paid in the same tax year, it's not deductible if it is paid before it is assessed.)
So you need to look at the tax calendar for your area.
‎December 2, 2024
11:15 AM