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Can I deduct our school tax?.. if so.. where do i do that?

 
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KurtL1
Expert Alumni

Can I deduct our school tax?.. if so.. where do i do that?

Yes, if the school tax is a part of your real estate taxes. Per IRS Topic No. 503 Deductible Taxes the only taxes that are deductible are:

  • State, local, and foreign income taxes
  • State and local general sales taxes
  • State and local real estate taxes, and
  • State and local personal property taxes

If the school tax does not fall into one of these categories, you cannot deduct it.

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**Mark the post that answers your question by clicking on "Mark as Best Answer"

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1 Reply
KurtL1
Expert Alumni

Can I deduct our school tax?.. if so.. where do i do that?

Yes, if the school tax is a part of your real estate taxes. Per IRS Topic No. 503 Deductible Taxes the only taxes that are deductible are:

  • State, local, and foreign income taxes
  • State and local general sales taxes
  • State and local real estate taxes, and
  • State and local personal property taxes

If the school tax does not fall into one of these categories, you cannot deduct it.

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

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