jmannino
New Member

Does $1,200 in property taxes paid in 2017 for 2016 get added to mortgage property tax from 1098? Or do we deduct that some place else?

 

Deductions & credits

Deduct property tax you paid for the year that you PAID the tax.
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AnnetteB
Intuit Alumni

Deductions & credits

As long as the property tax was paid in 2017, it can be deducted on your 2017 tax return.  It does not matter what year the tax bill represented. 

You can include it on your return in a couple of different ways.  If it was paid through your mortgage company, it is likely that it will be included with the amount shown on your 1098.  If it was paid separately by you, then the mortgage information probably won’t include the amount. 

You can either add it to the amount reported on the 1098 or use the steps below to show that it was an Additional Property Tax paid on your main home.  The important thing is to be sure to claim the amount only one time. 

To go to the section of the tax return to enter this information:

  • On the top row of the TurboTax online screen, click on Search (or for CD/downloaded TurboTax locate the search box in the upper right corner)
  • This opens a box where you can type in “property tax” (be sure to enter exactly as shown here) and click the magnifying glass (or for CD/downloaded TurboTax, click Find)
  • The search results will give you an option to “Jump to property tax
  • Click on the blue “Jump to property tax” link and enter your information


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