If what you paid in property taxes from a previous year was not reported on your taxes, is it still beneficial to do an amendment if the taxable income was zero anyway?
Announcements
Do you have a TurboTax Online account?
We'll help you get started or pick up where you left off.
If what you paid in property taxes from a previous year was not reported on your taxes, is it still beneficial to do an amendment if the taxable income was zero anyway?
If what you paid in property taxes from a previous year was not reported on your taxes, is it still beneficial to do an amendment if the taxable income was zero anyway?
No, if your taxable income was $0, there is no need to file an amended return. The IRS does not require you to enter your property taxes if it doesn't make a difference. Unused property tax deductions do not carry-forward to this year.
If what you paid in property taxes from a previous year was not reported on your taxes, is it still beneficial to do an amendment if the taxable income was zero anyway?
No, if your taxable income was $0, there is no need to file an amended return. The IRS does not require you to enter your property taxes if it doesn't make a difference. Unused property tax deductions do not carry-forward to this year.
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.