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How do I enter my taxes I pay yearly when I have a Reverse Mortgage on my house?
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How do I enter my taxes I pay yearly when I have a Reverse Mortgage on my house?
Since you don't also report mortgage interest (because you have a reverse mortgage), enter your property taxes using these steps:
- Click on Federal > Deductions
& Credits
- In the Your Home section, click the Start/Revisit box next to Property Taxes.
- Enter your taxes on the next screen, Enter the Property Taxes You Paid.
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