562088
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

kwik56
New Member

I am self employed, are the property taxes I pay on my business property deductible, and where do I enter them?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
ThomasM
New Member

I am self employed, are the property taxes I pay on my business property deductible, and where do I enter them?

Yes, they are deductible.  You'll enter them in the Business Expenses section by clicking on the Other Common Business Expenses heading.  That will put you on the Let's write off some business expenses page where you'll see a long list of expense categories.

Scroll down and select Taxes and Licenses and you'll advance to a write-in grid where you can enter "real estate taxes" or "property taxes" and the amount you paid.

I am self employed, are the property taxes I pay on my business property deductible, and where do I enter them?

WITH SMALL BUSINESS AND CLAIM PROPERTY TAX PAID DOES IT ADD BACK IN ON THE INDIANA STATE IT40 FORM AND IF SO WHAT LINE

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question