Can I deduct Real Estate taxes from my form 1098?

 
JohnR1
New Member

Deductions & credits

Yes you can claim an itemized deduction for real estate taxes paid on your primary residence - If a real estate taxes paid amount was reported to you on your Form 1098 (usually in Box 10), this represents the amount of real estate taxes you paid on your residence during the tax year.  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), if you itemize your deductions.

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.