Should I prepay my property taxes for Anoka County, MN?

[SweetieJean · Accepted solution]

That's up to you.  See this, and watch out for AMT.

https://www.irs.gov/newsroom/irs-advisory-prepaid-real-property-taxes-may-be-deductible-in-2017-if-a...

[SweetieJean]

<a rel="nofollow" target="_blank" href="http://www.anokacounty.us/1518/Pay-Property-Taxes?pk_campaign=HomePageSpotlight&pk_kwd=PayPropTaxEar...>

[TaxGuyBill]

I'm a Minnesota tax preparer (Hennepin County).

The way I read things, NO, prepaying will not benefit Minnesotans.

In order to deduct the property taxes, it must be "imposed" on you.  The way I read the Minnesota laws, property taxes are not "imposed" until January 2nd, 2018 (even though though they are called "2017 taxes payable in 2018").  So a prepayment in 2017 would NOT be deductible.