topic Property Taxes in Deductions & credits

Property Taxes

DavidTucker2 — Sun, 16 Feb 2025 23:47:49 GMT

if property taxes are due by 12/31/24 get paid in 2/25, can they be deducted on 2024 return?

Re: Property Taxes

xmasbaby0 — Sun, 16 Feb 2025 23:50:39 GMT

No. You can deduct the tax you actually paid in 2024 on your 2024 tax return. It is not about what year the tax was "for" or when it was "due" ----it is about when you actually paid. If you did not pay until 2025, it goes on your 2025 return next year.

Re: Property Taxes

DawnC — Sun, 16 Feb 2025 23:55:29 GMT

No, those go on your 2025 tax return. When can I deduct my property taxes?