[edited: Apr 13, 2016, 12pm]
Yes. In the specific case mentioned above, If you paid property taxes (related to the prior year) through the closing associated with the sale of your house (either directly or as a reduction to the amount you received), this amount will be deductible as Real Estate Taxes on your Schedule A.
From IRS Publication 530:
Real estate taxes paid at settlement or closing:
- Real estate taxes are generally divided so
that you and the seller each pay taxes for the
part of the property tax year you owned the
home. Your share of these taxes is fully deductible if you itemize your deductions.
Division of real estate taxes:
- For federal
income tax purposes, the seller is treated as
paying the property taxes up to, but not including, the date of sale. You (the buyer) are treated
as paying the taxes beginning with the date of
sale. This applies regardless of the lien dates
under local law. Generally, this information is included on the settlement statement you get at
closing.
- You and the seller each are considered to
have paid your own share of the taxes, even if
one or the other paid the entire amount. You
each can deduct your own share, if you itemize
deductions, for the year the property is sold.
