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Level 3
posted Mar 31, 2025 2:26:30 PM

Paying Tax in Arrears -- Want to Make Sure I Am Answering TurboTax Correctly

In Illinois, our property taxes are billed and collected in arrears.  My 2023 property taxes were billed and paid in 2024.

 

TurboTax is asking me:  "Have you paid your property tax billed in 2024?"  I feel like such an idiot for asking, but I wanted to confirm that TurboTax is NOT asking me if I paid my 2024 property taxes yet (those will be paid June/September in 2025) -- TurboTax is asking me if I paid my property tax (whether it was for 2023 or 2024) in 2024.  Right?  I really appreciate the help!

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1 Replies
Expert Alumni
Mar 31, 2025 2:31:40 PM

Yes, the amount paid in 2024. Some places bill ahead and some behind.