You'll need to sign in or create an account to connect with an expert.
Yes. If you pay your 2018 real estate tax in 2017; it is deductible on your 2017 federal return.
Edit 2/13/18: For years, you were allowed to prepay RE tax. But, with the new law, the IRS has written a rule against it. The rule now is that the tax must be accessed, to be deductible when paid.
Yes. If you pay your 2018 real estate tax in 2017; it is deductible on your 2017 federal return.
Edit 2/13/18: For years, you were allowed to prepay RE tax. But, with the new law, the IRS has written a rule against it. The rule now is that the tax must be accessed, to be deductible when paid.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
jakeschrum138
New Member
AdamBATL
Level 1
ead307d72a5f
New Member
el501
New Member
MLP_Banana
Level 3
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.