117834
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes - One Big Beautiful Bill on Aug 6! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

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

I have my property tax combined with my mortgage payment on my house, but I don't know if I need to claim my property tax separate or if it's already claimed on my 1098?

Resident of California
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.

1 Best answer

Accepted Solutions
AmyT
New Member

I have my property tax combined with my mortgage payment on my house, but I don't know if I need to claim my property tax separate or if it's already claimed on my 1098?

This will depend on the bank that issued the 1098, as there is no box for real estate tax on the standard (IRS) mortgage interest statement.

Note:  Any real estate taxes paid through your mortgage escrow account is not included in the interest figure - it will be listed separately if the information is provided.

Many banks do include this information as a courtesy to customers who pay their real estate tax through an escrow account, but it is not required.  If an escrow statement is included, the payments can usually be found listed with the activity.  Other banks list it as a line item on the substitute (using their own format) 1098.

If the information is not listed on the 1098, you should be able to get it from your county assessor's office.

View solution in original post

1 Reply
AmyT
New Member

I have my property tax combined with my mortgage payment on my house, but I don't know if I need to claim my property tax separate or if it's already claimed on my 1098?

This will depend on the bank that issued the 1098, as there is no box for real estate tax on the standard (IRS) mortgage interest statement.

Note:  Any real estate taxes paid through your mortgage escrow account is not included in the interest figure - it will be listed separately if the information is provided.

Many banks do include this information as a courtesy to customers who pay their real estate tax through an escrow account, but it is not required.  If an escrow statement is included, the payments can usually be found listed with the activity.  Other banks list it as a line item on the substitute (using their own format) 1098.

If the information is not listed on the 1098, you should be able to get it from your county assessor's office.

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