Real estate taxes (property taxes) paid on your primary residence are deductible as an itemized deduction on Schedule A of your federal return.
If a real estate taxes
paid amount was reported to you (usually in Box 10 on your Form 1098), 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 Box 10, or from whatever source
you received the real estate taxes paid amount.
