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jose3
New Member

Can i deduct the monthly parking pass i pay at work

do i have to report the first payment made to my escrow account for the first mortgage payment made in 2017
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MinhT
Expert Alumni

Can i deduct the monthly parking pass i pay at work

You cannot deduct the parking pass you pay at work as it is considered as commuting expenses.

The first payment that you make to your escrow account cannot be deducted. You can deduct mortgage interest on your form 1098 and property taxes when they are paid out from your escrow account.

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MinhT
Expert Alumni

Can i deduct the monthly parking pass i pay at work

You cannot deduct the parking pass you pay at work as it is considered as commuting expenses.

The first payment that you make to your escrow account cannot be deducted. You can deduct mortgage interest on your form 1098 and property taxes when they are paid out from your escrow account.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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