You'll need to sign in or create an account to connect with an expert.
It depends on when the closing was... when you deduct property taxes, you (the buyer) are treated as paying the taxes beginning with the date of sale. So you can deduct the amount of taxes, regardless of who paid it... and if November and December are after the sale, then yes - you do add those 2 months.
It depends on when the closing was... when you deduct property taxes, you (the buyer) are treated as paying the taxes beginning with the date of sale. So you can deduct the amount of taxes, regardless of who paid it... and if November and December are after the sale, then yes - you do add those 2 months.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
yosemite798
Level 2
kfoste31
New Member
andersonlaborservices
New Member
thamabbott
New Member
commluse
New Member