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Are prepaid county property taxes when refinancing my home be deducted?
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Are prepaid county property taxes when refinancing my home be deducted?
Yes, but only pro-rated amounts for interest and property taxes (based on a daily amount from your closing date until your first payment) are deductible.
Prepaid mortgage interest and property tax held in escrow is not deductible.
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Are prepaid county property taxes when refinancing my home be deducted?
Yes, but only pro-rated amounts for interest and property taxes (based on a daily amount from your closing date until your first payment) are deductible.
Prepaid mortgage interest and property tax held in escrow is not deductible.
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Anonymous
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June 4, 2019
2:57 PM
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Are prepaid county property taxes when refinancing my home be deducted?
How do I put it on turbo tax as it asked me to put a lender, while I paid to the county?