- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
Yes, you would only enter the remaining $8000 in property taxes for your Schedule A deduction.
You can only deduct the total amount one time in your return, even though it may be split up into different places in the return. Doing it any other way would be double-dipping and deducting too much.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 26, 2024
5:16 AM