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lamp3391
New Member

How do I handle delinquent water bill included in property taxes and Form 1098?

Our mortgage interest statement (Form 1098) includes an amount in Box 11, other taxes paid, but that amount also includes a delinquent water bill that was added to our property taxes.  How do I handle this?  Just subtract it from that amount and enter it or...I'm not sure?

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1 Reply
KrisD
Intuit Alumni

How do I handle delinquent water bill included in property taxes and Form 1098?

Yes, that would work. The amount you can deduct is limited to the property tax, not late fees or penalties. Another solution would be to report the mortgage interest only on the 1098 screen and then enter the property taxes paid as a separate entry. 

To enter property taxes separate from the 1098

Sign into your account, Take Me to My Return

Click Federal

Deductions & Credits 

For the property taxes paid, Scroll Down to Property (Real Estate) Taxes

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