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rupshur
New Member

Property Tax deduction limited on past due, inherited land?

Last November, I inherited land.  But past due taxes had to be paid in December, and total tax bill exceeds 2021 property tax deduction limit.

 

Is there a way to exceed this deduction limit?  

 

Although I paid total back due bill in Dec, can I submit amended return for 2018, 2019 and 2020 to deduct these taxes for the years when they were originally accrued?

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2 Replies
MinhT1
Expert Alumni

Property Tax deduction limited on past due, inherited land?

No.

 

Property taxes can only be claimed in the year they are actually paid.

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rupshur
New Member

Property Tax deduction limited on past due, inherited land?

ok, thanks.

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