I got married last year. I own a home and my husband and I own a second home together. My home has a mortgage and I was able to enter the mortgage information (taxes, interest, etc) into Turbo Tax Premier (desktop version). However, the home my husband and I own together does not have a mortgage. Where can I enter the taxes we paid on this home in TurboTax Premier desktop version? Is it possible to itemize the taxes on this home as well?
You'll need to sign in or create an account to connect with an expert.
You can enter the property tax on the second home---but do remember that you are subject to the cap of $10,000 for the deduction---no more than that even on the combination of the two homes.
Do you know Where in Turbo Tax Premier I would enter it? I cant figure out where to put it into the program. Thanks for your help.
Go to Federal> Deductions and Credits> Your Home to enter mortgage interest, property taxes, and loan origination fees (“points”) that you paid in 2023.
In other words----the same section that you used for the first home.
When I go back to the section indicated, its greyed out. When I click on property taxes, it does not allow me to adjust it. When i first entered the tax amount, it asked for the lender, but my 2nd home is paid off. How would I enter it?
On the Deductions & Credits screen, under Your Home, click the Start or Update button for Property Taxes. It's the second topic under Your Home.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
Alex3
Level 2
SteveColorado
Returning Member
ngneer
Level 2
naru_01
New Member
DeVille63
Level 1
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.