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Deductions & credits
Also, if you just bought the home at the end of the year.....they may not be paying property taxes on it until sometime in 2025....so your escrowed money is just building up until the payment does become due......and may not show until they issue the 2025 form 1098.
(the prop taxes you paid at closing may not be part of the 2024 Form 1098)
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
‎February 9, 2025
1:28 PM