Can I apply a property tax payment I made in January 2017 to my 2016 taxes? Or do I have to wait until 2017 taxes? I changed from escrow taking care of it in Sept '16.

[tpfinnegan710]

When we refinanced in September 2016, we did NOT open an escrow account. In 2015, our escrow account paid our 2015 taxes.  I did not pay our 2016 taxes in 2016, not realizing the tax implications (silly, i know).

[MinhT · Accepted solution]

You can only deduct property taxes actually paid in 2016 on your 2016 tax return.

[VolvoGirl]

Sorry if you paid it in 2017 it will go on your 2017 return next year.  Then you will even have more with your payments for 2017.