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Do i claim real estate taxes and property taxes at the same time?

should I claim Real Estate Taxes and Property taxes at the same time?
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Do i claim real estate taxes and property taxes at the same time?

The short answer is Yes. The IRS differentiates "Real Estate" from "Personal Property" and, referring to the 2016 Schedule A instructions (https://www.irs.gov/pub/irs-pdf/i1040sca.pdf) pages 6-7, the itemized deduction related to taxes combines state and local income taxes paid during 2016 (or, alternatively sales taxes paid in 2016) with (a) the portion of the property tax that is based on the valuation of the real estate (flat fees excluded) and (b) the portion of motor vehicle, etc. registration that is based on the valuation of the item.


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Do i claim real estate taxes and property taxes at the same time?

The short answer is Yes. The IRS differentiates "Real Estate" from "Personal Property" and, referring to the 2016 Schedule A instructions (https://www.irs.gov/pub/irs-pdf/i1040sca.pdf) pages 6-7, the itemized deduction related to taxes combines state and local income taxes paid during 2016 (or, alternatively sales taxes paid in 2016) with (a) the portion of the property tax that is based on the valuation of the real estate (flat fees excluded) and (b) the portion of motor vehicle, etc. registration that is based on the valuation of the item.


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