Skip to main content
Level 2
April 1, 2026
Question

Rental property

  • April 1, 2026
  • 1 reply
  • 225 views
 
Level 1
 
 

 

I had to pay more than $25K in property taxes on rental property due to homestead exemption back taxes issues. How do I claim this expense when filing?

1 reply

Level 15
April 1, 2026

The taxes may be claimed as an expenditure on line 16 on Schedule E Supplemental Income and Loss.

 

This IRS Publication, page 96 states:

 

The following two tests must be met for you to deduct any tax.


• The tax must be imposed on you.
• You must pay the tax during your tax year

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