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ginanoel
New Member

I misstated our property taxes in 2015 by $4000 as we paid it in both November and January, can I add it to this years?

 
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TomD8
Level 15

I misstated our property taxes in 2015 by $4000 as we paid it in both November and January, can I add it to this years?

Property taxes are deductible in the year actually paid.  You cannot add a payment made in 2015 to your 2016 return.  You'd have to file an amended 2015 return.

**Answers are correct to the best of my ability but do not constitute tax or legal advice.

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1 Reply
TomD8
Level 15

I misstated our property taxes in 2015 by $4000 as we paid it in both November and January, can I add it to this years?

Property taxes are deductible in the year actually paid.  You cannot add a payment made in 2015 to your 2016 return.  You'd have to file an amended 2015 return.

**Answers are correct to the best of my ability but do not constitute tax or legal advice.

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