topic If I pay my real estate taxes directly, it's not shown on a 1098. What $ goes on my return for property tax paid, the Fiscal Year on the RE bill? Or $ paid in tax year? in Deductions & credits

If I pay my real estate taxes directly, it's not shown on a 1098. What $ goes on my return for property tax paid, the Fiscal Year on the RE bill? Or $ paid in tax year?

khas842987 — Mon, 23 Feb 2026 13:00:46 GMT

Do I add up the payments I made for the Fiscal Year shown on the RE tax bill? Or is it the total amount I paid in the Tax Year? (My town's fiscal year ends June 30th).

Re: If I pay my real estate taxes directly, it's not shown on a 1098. What $ goes on my return fo...

MinhT1 — Wed, 08 Feb 2023 21:54:17 GMT

You can only deduct as Property tax the amounts that you actually paid in 2022. either yourself or through your bank escrow.

Re: If I pay my real estate taxes directly, it's not shown on a 1098. What $ goes on my return fo...

khas842987 — Wed, 08 Feb 2023 22:28:49 GMT

Even if the payment in 2022 was for Fiscal Year 2023? This is my first year doing my own taxes and first year paying RE taxes directly and north through escrow. Double whammy!

Re: If I pay my real estate taxes directly, it's not shown on a 1098. What $ goes on my return fo...

MinhT1 — Wed, 08 Feb 2023 22:44:52 GMT

Yes. Property tax paid out-of-pocket in 2022 for fiscal year 2023 is deductible in 2022.