topic Co-op taxes SALT deduction in Deductions & credits

Co-op taxes SALT deduction

ek0 — Wed, 18 Dec 2019 03:05:21 GMT

Is anyone using line 6 (instead of 5b) for property taxes paid as part of maintenance to the co-op management?

Anonymous_ — Wed, 18 Dec 2019 03:15:07 GMT

That sounds a bit risky, not unlike using Section 212 (Schedule A, Line 6) for real estate taxes on real estate held for investment purposes.

rjs — Wed, 18 Dec 2019 03:46:42 GMT

ek0 originally posted a second link to another article, but the forum software mangled the link. Here's a link to the other article.