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Ruthlilycat
Level 3

Excess Real Estate Taxes

I’m thoroughly confused here 

I paid over 11k in RE property taxes.  What am I supposed to do here?  

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3 Replies
robb411
Returning Member

Excess Real Estate Taxes

 

Hope this helps:

https://turbotax.intuit.com/tax-tips/home-ownership/claiming-property-taxes-on-your-tax-return/L6cSL...

 

Beginning in 2018, the total amount of deductible state and local income taxes, including property taxes, is limited t $10,000 per year.

Ruthlilycat
Level 3

Excess Real Estate Taxes

So what do I put?

robb411
Returning Member

Excess Real Estate Taxes

If this is form 8829 then it would be the excess over $10,000.   So it looks like in your case that would be $1,587.

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