turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Mr--W
New Member

I have paid $1,000 for property tax for fiscal year July 1,2016 - June 30,2017. How much can I claim for 2016 tax return?

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies
ThomasM
New Member

I have paid $1,000 for property tax for fiscal year July 1,2016 - June 30,2017. How much can I claim for 2016 tax return?

Claim your property tax in the year you paid it, regardless whether it's for a calendar year or a fiscal year.  Property tax paid in 2016 gets claimed on the 2016 return.  

Mr--W
New Member

I have paid $1,000 for property tax for fiscal year July 1,2016 - June 30,2017. How much can I claim for 2016 tax return?

What if I paid $500 and the remainder is due on January 31,2017. Do I still claim the full amount?
ThomasM
New Member

I have paid $1,000 for property tax for fiscal year July 1,2016 - June 30,2017. How much can I claim for 2016 tax return?

If you paid $500 in 2016 and the other $500 in January 2017, then you'll claim only the $500 payment from 2016.
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies