Yes, you can deduct the property and school taxes you paid on a property you bought to build a home, but there are specific conditions:
Here's how to enter your property taxes on house or land.
- Open or continue your return.
- Navigate to the property tax section:
- TurboTax Online/Mobile: Go to property tax.
- TurboTax Desktop: Select Search Topics. Search for and select property tax.
- Answer Yes to the question Did you pay property or real estate taxes?
- Follow the on-screen instructions to enter your property/real estate taxes.