What if I paid property taxes in January of this year?
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turk1215
New Member

What if I paid property taxes in January of this year?

 
3 Replies
xmasbaby0
Level 15

What if I paid property taxes in January of this year?

You can only deduct property taxes you paid in 2016 on your 2016 tax return.  Property tax you paid in 2017 will go on your 2017 tax return next year.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
turk1215
New Member

What if I paid property taxes in January of this year?

This is my first time paying taxes outside of escrow and I was unable to pay in 2016.  So if I pay 2017's taxes in 2017, then I'll list both?
xmasbaby0
Level 15

What if I paid property taxes in January of this year?

Yes you will.  Property taxes can only be claimed for the year in which they were paid.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
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