Is Property Tax and Real Estate Tax the same thing?

[LeeM · Accepted solution]

Yes, they are the same thing so the amount in the real estate taxes box on your Form 1098-E would be entered when you are asked for property taxes.If there is not amount listed on your Form 1098, then you would enter the amount of property/real estate tax you paid in 2016.

Deductible real estate taxes, also called property taxes, include taxes paid at closing when buying or selling a home, as well as certain taxes paid to your county or town’s tax assessor (either directly or through a mortgage escrow account) on the assessed value of your property.