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Can I deduct a delinquent bill for secured property tax bill?

I missed a payment of the secured proper tax bill for my home. I was assessed a delinquent penalty of $178.55 and a delinquent cost of $20.00. Is this $198.55 deductible?

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Accepted Solutions
MinhT
Expert Alumni

Can I deduct a delinquent bill for secured property tax bill?

Even though property taxes are a valid deduction, late fees and interest on your tax bill are not.


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1 Reply
MinhT
Expert Alumni

Can I deduct a delinquent bill for secured property tax bill?

Even though property taxes are a valid deduction, late fees and interest on your tax bill are not.


**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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