How do I deduct home property taxes paid at closing during sale of primary home if values weren't included on 1098s, but are on closing docs?

[lvengland1]

I sold a primary residence and bought a primary residence in 2015 (i.e. moved). Neither 1098 lists property taxes, but my closing documents do...taxes paid as part of closing. Do I decuct these in the same way I would if included on a 1098 and do I send anything to the IRS since the values aren't on my 1098s?

[HelenaC · Accepted solution]

You would enter the real estate taxes from your closing statement in the same section as real estate taxes received on Form 1098 Mortgage Statement. See the information below. 

You do not need to send any documentation to the IRS.

• Type 1098 mortgage interest, personal in the search/find box and click search/find.
• Click on Jump to 1098 mortgage interest, personal.
• Continue with the onscreen questions until you get to the 'Tell Us More About Your Loan from xxxx' and put a check mark in front of 'I did not receive a 1098'. See the screenshot below.
• Continue with the onscreen questions.

Real estate tax is deductible in the year you paid it – not necessarily the year the payment is for. So if you pre-paid your 2016 real estate taxes in 2015, deduct them on your 2015 tax return.