The property taxes paid on your vacation condominium is deductible as an itemized deduction in Schedule A. Please note that that the Sales and Local Taxes (SALT) deduction is now limited to $10,000.
You can enter Property Taxes by following these steps:
- In TurboTax, open your tax return
- Click on Federal in the left-hand column, then on Deductions & Credits on top of the screen
- Scroll down to All Tax breaks, locate the section Your Home and click on Show more
- Click Start next to Property (Real estate) Taxes.
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