turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Hawaii Property tax deduction question in TTax

I own rental property in Hawaii as an out-of-state resident.  In calculating the net rental income on Schedule E  I include the property tax expense.   When going through step-by-step for the Hawaii return there is a separate question asking about property taxes paid in Hawaii.  Seems to me that I'v already deducted that in arriving at net income on Schedule E.   Should I also add the amount in answering that question?

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
DianeW777
Expert Alumni

Hawaii Property tax deduction question in TTax

No, the property taxes should not be entered again. According to the Hawaii (HI) instructions the property taxes for itemized deductions would not include any taxes used for business/rental. HI allows a full itemized deduction for state and local taxes, not limited by the federal law.

 

HI Instructions 

Real Estate Taxes For tax years 2018 through 2025, foreign real property taxes cannot be deducted. 

Include taxes you paid on real estate you own that was not used for business.

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

View solution in original post

1 Reply
DianeW777
Expert Alumni

Hawaii Property tax deduction question in TTax

No, the property taxes should not be entered again. According to the Hawaii (HI) instructions the property taxes for itemized deductions would not include any taxes used for business/rental. HI allows a full itemized deduction for state and local taxes, not limited by the federal law.

 

HI Instructions 

Real Estate Taxes For tax years 2018 through 2025, foreign real property taxes cannot be deducted. 

Include taxes you paid on real estate you own that was not used for business.

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

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies