Yes - if you have an amount indicated as real estate taxes paid in Box 10 of your Form 1098, this represents the amount of real estate taxes you paid on your
residence during the tax year. If you can itemize your deductions, you can claim an itemized deduction for real estate taxes paid on your primary residence - this is the amount which should be
included on your federal income tax return, on Form 1040 Schedule A, Itemized
Deductions, Line 6, (Real estate taxes).
Here's how to enter
real estate taxes paid in TurboTax:
- In your return, click on Federal Taxes tab
- Click on Deductions & Credits
- Under Your tax breaks, select Edit/Add button for
“Property Taxes”
On “Enter the Property
Taxes You Paid”, enter the amount of real estate taxes paid on the home in the
"Your Main Home” box, per the Form 1098 Box 10
