How do I know if I have paid property taxes? My 1098 has a box 10 that says Real Estate Taxes Paid with a dollar amount and a hyphenated 2 above it. The notes for the 2 say that the information in box 10 is for informational purposes only and is not being

[lola4108]

How do I know if I have paid property taxes? My 1098 has a box 10 that says Real Estate Taxes Paid with a dollar amount and a hyphenated 2 above it. The notes for the 2 say that the information in box 10 is for informational purposes only and is not being furnished to the IRS. Neither the lender.

[AmyT]

Based on the information you provided, it sounds like you have an escrow account as part of your mortgage that is used to pay the real estate taxes and possibly your homeowner's insurance.

You will input the amount listed in their box 10 as real estate taxes paid on your tax returns, as it is deductible if you itemize deductions.