Property Taxes

If I pay my property taxes twice within the same calendar year (say Jan 2021 (for 2020) and Dec 2021 (for 2021)), can I deduct them both when I do my taxes for 2021 next year?

posted

Connect with an expert

2 Replies

Property Taxes

Yes, you can deduct the property taxes you actually pay in the tax year. It does not matter what year these taxes are for.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Property Taxes

Presuming, of course, that you don’t deduct them also in 2020. You deduct the taxes when actually paid, regardless of what year they were for.

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post