Where do I enter property taxes paid by a trust? Is it on form 1041 un der deductions (line 11) or on schedule E under expenses (line 16)?

mkjarvis4 · ‎June 5, 2019

tagteam · ‎June 5, 2019

"Where do I enter property taxes paid by a trust?"

If the real estate is investment property, then deductible taxes would be shown on Line 11, Form 1041.

If the real estate is rental property, either actually rented or available for rent, then the deductible taxes would be shown on Line 16, Schedule E.

pedera1 · ‎June 5, 2019

Where do I enter property and school taxes for real estate that is neither an investment nor rental property?

Business & farm