Can I deduct property tax prepaid into an escrow account when I refinanced?

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Can I deduct property tax prepaid into an escrow account when I refinanced?

Sorry, but you cannot. Putting money into an escrow account is merely a deposit to do something with in the future. Property taxes are not deductible until paid out of escrow to the taxing authority.

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Can I deduct property tax prepaid into an escrow account when I refinanced?

Sorry, but you cannot. Putting money into an escrow account is merely a deposit to do something with in the future. Property taxes are not deductible until paid out of escrow to the taxing authority.

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Can I deduct property tax prepaid into an escrow account when I refinanced?

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