Are all County and Municipality taxes deductible?
You'll need to sign in or create an account to connect with an expert.
It depends.
The Tax Cuts and Jobs Act of 2017 limited the amount of state income, sales, and property taxes to $10,000 as itemized deductions on Federal tax returns.
County and Municipality taxes related to your Sch C business property or Sch E rental properties are fully deductible on those schedules.
They are also fully deductible as business expenses on Form 1065, 1120S and 1120 businesses.
These are my house taxes by the county for scholls services fire etc
They are deductible as Itemized Deductions limited to $10,000. If the total of your Itemized Deductions do not exceed your Standard Deduction, they are not deductible anywhere else on your return.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
c_burchard
New Member
rock1316
New Member
jenmarie7591
New Member
sambingham
New Member
amirahm2021
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.