- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
No, there is not another way to report the deduction of property taxes paid to circumvent the $10,000 limitation.
Since the property taxes are being transferred to your personal return through a pass-through entity, the partnership itself cannot deduct the property taxes. Your share is still reported on your personal return in the same manner as always except for the limitation that is applied.
‎June 6, 2019
12:38 AM