You'll need to sign in or create an account to connect with an expert.
Real estate taxes credited to you on a home settlement statement when you purchased the home may be deducted on Schedule A Itemized Deductions line 5.
What 2nd quarter taxes? Property tax or IRS estimated taxes? You can deduct property taxes you paid during the year.
Thank you for replying. I paid 2nd quarter property tax. My first quarter property taxes were credited on my settlement statement
Real estate taxes credited to you on a home settlement statement when you purchased the home may be deducted on Schedule A Itemized Deductions line 5.
I assume that the first and second quarter are for the year 2022.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
brouserabbit
New Member
jsspbusiness
Level 3
gshutch
Returning Member
dadarla
New Member
ccostella1
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.