IsabellaG
Employee Tax Expert

Deductions & credits

If this was for your 2017 property taxes, you'd just subtract it from your property taxes paid in 2017 to reduce your deduction.

But since this is a 2016 refund from your real estate taxes, it would be reported only if you itemized in 2016 and claimed real estate taxes as a deduction, and got a tax benefit from claiming the deduction.

If all of it is taxable, report it  as Other Income on Line 21 of your 1040.

  • First, go to Federal and select Wages and Income.
  • Scroll down to Less Common Income
  • Choose the last item, Miscellaneous Income
  • On Let's Work on Any Miscellaneous Income choose the last selection, Other reportable income.

SuperUser rjs gives a great explanation of this somewhat common situation>

https://ttlc.intuit.com/replies/5189493

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