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Eric-P
New Member

Can i deduct the prorated property taxes of my house sale on the current years tax return?

I just sold my house in July 2017.  As part of the closing, I had to include the Jan-July 2017 prorated property tax amount to the buyer's escrow.  Can I deduct this amount with my 2017 tax return (since I have already paid it in 2017) along with the full 2016 property tax amount I paid in 2017?  Or, does it have to wait for my 2018 tax return?  With the new income tax laws, I would prefer to deduct it with the 2017 tax return.


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Can i deduct the prorated property taxes of my house sale on the current years tax return?

If you paid the property tax in 2017, you can deduct it in 2017.

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