Hi There - I am unsure how to calculate my property tax amount. I purchased a new home on 6/6/16 where I paid $1,281.97 into my escrow for taxes at the time of closing. From June until December I have paid an additional $857.45 of property taxes into my escrow account, which would total $2,139.42 paid into my escrow for property taxes.
I received my school tax bill in September, which i paid $1477.76.
My question is, do I deduct $1477.76, or $2139.42.
Thanks!
