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New Member
posted Apr 9, 2018 10:50:59 AM

itemized return for property tax?

I am trying to figure out exactly what I received back for my property tax deductions because I split this amount with someone. How do I find a breakdown of what that number was I received back from the government from my property tax deductions?

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1 Replies
Employee Tax Expert
Apr 9, 2018 11:06:57 AM

You can multiply your tax rate by the property tax amount to arrive at an approximation of what the deductions was worth.

 

Ex: Tax rate is 28% and the property tax total was $4000. The deduction would be worth $4000 X .28 = $112