topic How do I figure out what I can include in property taxes from looking at my property tax bill? in Deductions & credits

How do I figure out what I can include in property taxes from looking at my property tax bill?

zoohortguy — Mon, 03 Jun 2019 20:22:37 GMT

KrisD — Mon, 03 Jun 2019 20:22:38 GMT

Any fee based on value is a tax. An assessment is not a tax and is added to the basis of your home. Administrative fees are also not a tax.

zoohortguy — Mon, 03 Jun 2019 20:22:40 GMT

How about voter approved bonds?

KrisD — Mon, 03 Jun 2019 20:22:44 GMT

Yes, they are usually based on a Millage on the property values, so they are based on value.

zoohortguy — Mon, 03 Jun 2019 20:22:45 GMT

Thanks!

KrisD — Mon, 03 Jun 2019 20:22:46 GMT

Thank you for using TurboTax.