Can I deduct a delinquent bill for secured property tax bill?
I missed a payment of the secured proper tax bill for my home. I was assessed a delinquent penalty of $178.55 and a delinquent cost of $20.00. Is this $198.55 deductible?
01771
1 Best answer
MinhT
Expert Alumni
Jun 5, 2019 2:17:35 PM
Even though property taxes are a valid deduction, late fees and interest on your tax bill are not.
1 Replies
MinhT
Expert Alumni
Jun 5, 2019 2:17:35 PM
Even though property taxes are a valid deduction, late fees and interest on your tax bill are not.