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Does Maryland allow deduction of property tax on out-of-state personal use 2nd home?

I can't find reference to this in state interview?

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Accepted Solutions
TerryA
Intuit Alumni

Does Maryland allow deduction of property tax on out-of-state personal use 2nd home?

Yes, it's deductible for MD taxes. It doesn't matter where the property is as long as it's an ad valorem tax.

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4 Replies
TerryA
Intuit Alumni

Does Maryland allow deduction of property tax on out-of-state personal use 2nd home?

Yes, it's deductible for MD taxes. It doesn't matter where the property is as long as it's an ad valorem tax.

Does Maryland allow deduction of property tax on out-of-state personal use 2nd home?

I'm not sure what meets the ad valorem test, but this is a school district tax that the county assesses based on their appraisal of the home's value.  I think I saw in the Fed instructions that a school tax is deductible provided that the tax is assessed on the home's appraised value.
TerryA
Intuit Alumni

Does Maryland allow deduction of property tax on out-of-state personal use 2nd home?

That's right, if the tax is assessed based on the propery's value then it's deductible. Just like for the "tax" portion of a vehicle registration fee.

Does Maryland allow deduction of property tax on out-of-state personal use 2nd home?

Thanks.
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