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Can we deduct on an individual tax return the property taxes paid in 2022 for a home that is in trust? i.e. can the trustee claim this a deduction on individual return?

 
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MinhT1
Expert Alumni

Can we deduct on an individual tax return the property taxes paid in 2022 for a home that is in trust? i.e. can the trustee claim this a deduction on individual return?

Yes, only if the trust is a revocable trust and the trustee is the grantor.

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1 Reply
MinhT1
Expert Alumni

Can we deduct on an individual tax return the property taxes paid in 2022 for a home that is in trust? i.e. can the trustee claim this a deduction on individual return?

Yes, only if the trust is a revocable trust and the trustee is the grantor.

**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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