I bought my house in late 2015. Part of the closing costs were property taxes owed for 2015. I did not make that payment until January 2016. That amount is not included on the 2016 Form 1098 as the 2015 check was dispersed to me at the time of closing. I received a 1098 from my lender for 2015 but it did not show real estate taxes paid. How do I report that payment this year?
You'll need to sign in or create an account to connect with an expert.
You will include the amount you paid directly in the total amount of real estate taxes paid.
You will include the amount you paid directly in the total amount of real estate taxes paid.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
smlucio
Level 1
azk54
Level 3
charles0203
New Member
jdclakr
Level 1
obeteta
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.