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Deductions & credits
I will repeat my comment which didn't get posted for some reason. OK if I don't include this in Other Income, how should I handle it? When Itemizing Deductions, should I reduce the amount of property taxes paid by the amount of this check.
For example: If I paid $6000 in properties in 2017, and then received the tax relief check from NJ for $200, should the
amount of prop. taxes taken as a deduction be $5800?
I have looked and found no instructions on how this should be handled. Thanks
For example: If I paid $6000 in properties in 2017, and then received the tax relief check from NJ for $200, should the
amount of prop. taxes taken as a deduction be $5800?
I have looked and found no instructions on how this should be handled. Thanks
‎June 6, 2019
8:47 AM