topic Real Estate Property Taxes-Are penalties deductible? in Deductions & credits https://ttlc.intuit.com/community/tax-credits-deductions/discussion/real-estate-property-taxes-are-penalties-deductible/01/666656#M87355 Thu, 06 Jun 2019 10:02:20 GMT anotheryr2010 2019-06-06T10:02:20Z Real Estate Property Taxes-Are penalties deductible? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/real-estate-property-taxes-are-penalties-deductible/01/666656#M87355 Thu, 06 Jun 2019 10:02:20 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/real-estate-property-taxes-are-penalties-deductible/01/666656#M87355 anotheryr2010 2019-06-06T10:02:20Z No, the IRS allows only the raw tax amount to be deducted... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/no-the-irs-allows-only-the-raw-tax-amount-to-be-deducted/01/666663#M87356 <P>No, the IRS allows only the raw tax amount to be deducted; no penalties.</P> Thu, 06 Jun 2019 10:02:21 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/no-the-irs-allows-only-the-raw-tax-amount-to-be-deducted/01/666663#M87356 ThomasM 2019-06-06T10:02:21Z