You'll need to sign in or create an account to connect with an expert.
Yes, you can deduct taxes actually paid during the year, provided you were legally obligated to pay them, that is, you were listed as the owner, or one of the owners, of the property being taxed.
For more information, please see IRS Pub. 17 Your Federal Income Tax, page 155.
Yes, you can deduct taxes actually paid during the year, provided you were legally obligated to pay them, that is, you were listed as the owner, or one of the owners, of the property being taxed.
For more information, please see IRS Pub. 17 Your Federal Income Tax, page 155.
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.
beatty124
Returning Member
karenduellman
New Member
dlabass67
New Member
in Education
madhotdog55567
New Member
madmanc20
Level 4