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Does the property tax deduction include just add Valorem taxes or also the non-ad valorem assessments?l

 
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MinhT1
Expert Alumni
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Does the property tax deduction include just add Valorem taxes or also the non-ad valorem assessments?l

Only ad valorem taxes (based on the value of your property) are deductible as property taxes.

 

Non-ad valorem items for local improvements or specific services are not deductible.

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1 Reply
MinhT1
Expert Alumni
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Does the property tax deduction include just add Valorem taxes or also the non-ad valorem assessments?l

Only ad valorem taxes (based on the value of your property) are deductible as property taxes.

 

Non-ad valorem items for local improvements or specific services are not deductible.

**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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