topic Can I claim City/County tax that I paid at the closing of my home? in Deductions & credits https://ttlc.intuit.com/community/tax-credits-deductions/discussion/can-i-claim-city-county-tax-that-i-paid-at-the-closing-of-my-home/01/566511#M73410 Wed, 05 Jun 2019 18:20:32 GMT Frustrated838 2019-06-05T18:20:32Z Can I claim City/County tax that I paid at the closing of my home? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/can-i-claim-city-county-tax-that-i-paid-at-the-closing-of-my-home/01/566511#M73410 Wed, 05 Jun 2019 18:20:32 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/can-i-claim-city-county-tax-that-i-paid-at-the-closing-of-my-home/01/566511#M73410 Frustrated838 2019-06-05T18:20:32Z The purchase of a new personal residence is not a reporta... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/the-purchase-of-a-new-personal-residence-is-not-a-reporta/01/566518#M73412 The purchase of a new personal residence is not a reportable event.<BR />You can deduct mortgage interest, points, and real estate property tax paid at closing. You report those expenses along with other mortgage interest/property taxes paid in the year at<BR />Federal Taxes<BR />Deductions And Credits<BR />choose I'll choose what I work on, if asked<BR />My Home<BR /><BR />All other costs paid at closing, including transfer taxes, "stamps", escrow fees, etc., are NOT deductible from current income, instead you add them to the cost basis of your home and you will get the benefit when you sell. Wed, 05 Jun 2019 18:20:34 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/the-purchase-of-a-new-personal-residence-is-not-a-reporta/01/566518#M73412 jerry2000 2019-06-05T18:20:34Z