Solved: 2 homes. one financed, one not, pay property taxes on both homes. where to put each property tax amount
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2 homes. one financed, one not, pay property taxes on both homes. where to put each property tax amount

 
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Employee Tax Expert

2 homes. one financed, one not, pay property taxes on both homes. where to put each property tax amount

You can total the 2 amounts and list in the property tax section:

  • In your open return, select My Account
  • Tools
  • Topic Search
  • Type 'property tax' in the box, then select GO

Note: If the 1098 form for the financed home reported the property taxes in Box 10, report in one section (with the 1098 form) or the other (in the property tax section), but not both. 

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Employee Tax Expert

2 homes. one financed, one not, pay property taxes on both homes. where to put each property tax amount

You can total the 2 amounts and list in the property tax section:

  • In your open return, select My Account
  • Tools
  • Topic Search
  • Type 'property tax' in the box, then select GO

Note: If the 1098 form for the financed home reported the property taxes in Box 10, report in one section (with the 1098 form) or the other (in the property tax section), but not both. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

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