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New Member
posted Apr 18, 2023 7:26:04 PM

If I paid cash for my home and don't have a 1098. Is there anything that I can/have to file on my tax return?

Can I only file the 2nd qtr taxes I paid or can I file the tax credit listed on my disclosure as well?

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1 Best answer
Expert Alumni
Apr 19, 2023 6:12:53 AM

Real estate taxes credited to you on a home settlement statement when you purchased the home may be deducted on Schedule A Itemized Deductions line 5.

4 Replies
Level 15
Apr 18, 2023 7:28:18 PM

What 2nd quarter taxes?  Property tax or IRS estimated taxes?  You can deduct property taxes you paid during the year.

New Member
Apr 18, 2023 7:48:12 PM

Thank you for replying.  I paid 2nd quarter property tax.  My first quarter property taxes were credited on my settlement statement

 

Expert Alumni
Apr 19, 2023 6:12:53 AM

Real estate taxes credited to you on a home settlement statement when you purchased the home may be deducted on Schedule A Itemized Deductions line 5.

Returning Member
Apr 19, 2023 10:48:02 AM

I assume that the first and second quarter are for the year 2022.