I got a property tax bill of $15K. I paid first installment of $7,500 in 2024 and will pay $7,500 2nd installment in 2025. Can i claim $15k or only $7.5K in 2024?

[DavidD66]

You can only claim what you actually paid in 2024 on your 2024 tax return, so $7,500.  Keep in mind, there is a $10,000 cap on the amount of state and local tax you can deduct on Schedule A as an itemized deduction.  So if you paid $2,500 or more in state income tax, you wouldn't be able to deduct the other $7,500 in 2024 even if you had paid it in 2024.  

[Bsch4477]

Deduct only what you paid in 2024.