If I paid 2024 property tax in January 2025 (before the penalty deadline), can I still claim/deduct it on my 2024 taxes?
You'll need to sign in or create an account to connect with an expert.
No. Property taxes paid in 2025 can only be entered on a 2025 tax return that is filed next year.
No.
You can only deduct property taxes paid in 2024 on your 2024 tax return.
The taxes you paid in January 2025 are deductible on your 2025 tax return.
Can I claim 2 years of property taxes in 1 year? If so, is their a dollar limit?
@TNC13 wrote:
Can I claim 2 years of property taxes in 1 year? If so, is their a dollar limit?
No, there is not a limit on property taxes paid. However, there is a limit on the total State/Local taxes paid as an itemized deduction on Schedule A. The limit is $10,000
You can deduct all the property taxes you paid during the year on the current year tax return.
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.
distracted09
New Member
distracted09
New Member
jerrellharrisjerrellharris
New Member
mrhackett
New Member
h90psalms
New Member