topic What are excess property taxes? Looking at form 8829, expenses for business use of your home. in Deductions & credits https://ttlc.intuit.com/community/tax-credits-deductions/discussion/what-are-excess-property-taxes-looking-at-form-8829-expenses-for-business-use-of-your-home/01/256156#M31746 Sat, 01 Jun 2019 21:09:46 GMT user00 2019-06-01T21:09:46Z What are excess property taxes? Looking at form 8829, expenses for business use of your home. https://ttlc.intuit.com/community/tax-credits-deductions/discussion/what-are-excess-property-taxes-looking-at-form-8829-expenses-for-business-use-of-your-home/01/256156#M31746 Sat, 01 Jun 2019 21:09:46 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/what-are-excess-property-taxes-looking-at-form-8829-expenses-for-business-use-of-your-home/01/256156#M31746 user00 2019-06-01T21:09:46Z As a result of the Tax Cuts and Jobs Act of 2017, there i... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/as-a-result-of-the-tax-cuts-and-jobs-act-of-2017-there-i/01/256158#M31747 <P>As a result of the <I>Tax Cuts and Jobs Act of 2017</I>, there is now a $10,000 limit on the amount of state and local income taxes, real estate taxes, and general sales taxes that can be taken as itemized deductions. The <B>excess property taxes</B> referenced on Form 8829 would be property taxes in excess of the itemized deductions limit that can still be used (proportionally) in determining the portion of expenses allocable to your home office.<BR /></P> Sat, 01 Jun 2019 21:09:47 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/as-a-result-of-the-tax-cuts-and-jobs-act-of-2017-there-i/01/256158#M31747 MichaelMc 2019-06-01T21:09:47Z