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Deductions & credits
If the seller (myself) gets a credit from the buyer for taxes I paid in advance, but reflect the time period after the closing that the buyer owns the property, I understand that I need to reduce my property tax deduction. WHERE DO I ENTER THIS AMOUNT??? It is a negative value that needs to be entered in the property tax section, but the software requires a positive amount. IS THIS A BUG or is there another area that I need to enter the credit.
‎June 4, 2019
12:43 PM