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dlelsen
Returning Member

deductions for farm

can i use my property tax for the house and land on my farm deductions if i lease out the farm land

 

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1 Reply
JulieS
Expert Alumni

deductions for farm

You can deduct the property taxes on the land you are leasing out, but you can't include the amount for the house if it is your home. 

 

You can deduct the property taxes on your home as part of itemized deductions. 

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