What if my property (real estate) taxes are paid t...

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
EnglishEN

Pick a language

English Français
cancel
Showing results for 
Search instead for 
Did you mean: 
Intuit

What if my property (real estate) taxes are paid through my mortgage lender?

It should be included in escrow if that's how you set up your mortgage. Form 1098 should report the real estate tax paid if that's the case. If you’re unsure, call your lender and ask.

You can also contact your county office. As long as the real estate tax was paid, you can deduct it, regardless if your document shows it or not.

Keep in mind, if your monthly mortgage payment includes an amount placed in escrow (put in the care of a third party) for real estate taxes, you can’t necessarily deduct the total amount. You can only deduct the property/real estate tax that was actually paid by the third party to the taxing authority, on your behalf.

Was this helpful?

You must sign in to vote, reply, or post
Dynamic Ads
v
Privacy Settings