Are real estate taxes the same as property taxes?

[devinnicole69]

it is under line 10 from the bank tax return info

[JohnR1 · Accepted solution]

Yes - real estate taxes are a type of property tax.

If a real estate taxes paid amount was reported to you in Box 10 of your Form 1098, this represents the amount of real estate taxes you paid on your residence during the tax year.  This is the amount which should be included on your federal income tax return, on Form 1040 Schedule A, Itemized Deductions, Line 6, (Real estate taxes), if you itemize your deductions.

Here's how to enter real estate taxes paid in TurboTax:

• In your return, click on Federal Taxes tab

• Click on Deductions & Credits

• Under Your tax breaks, select Edit/Add button for “Property Taxes”

On “Enter the Property Taxes You Paid”, enter the amount of real estate taxes paid on the home in the "Your Main Home” box, per the Form 1098 Box 10.