Redian新闻
>
Property Tax Deduction
avatar
Property Tax Deduction# Living
b*u
1
Can I deduct the property tax only for the period of 12/01/2012 - 12/31/2012
if I bought a home on 12/01/2012 although I paid the property tax for the
whole year staring from 12/01/2012 to 11/30/2013?
Many thanks.
avatar
m*f
2
Y
avatar
b*u
3
I found the answer.
Q:I received my property-tax bill a few weeks ago and already paid the first
half installment of $1,432. But if I pay the second installment of $1,432
that's due in April this month, too, can I deduct the full amount ($2,864)
on my next income-tax return?
A:Yes. The IRS allows you to deduct your property taxes on the return you
file for the year in which you pay them. So, even though your second
installment isn't due until the spring, you would be able to write off the
entire $2,864 tax bill on your 2010 return if you pay the installment now.
The conclusion is, deduction occurs when the payment occurs no matter for
what period. So I can deduct my whole payment through 11/30/2013.

【在 m*f 的大作中提到】
: Y
avatar
a*t
4

2012

【在 b*******u 的大作中提到】
: Can I deduct the property tax only for the period of 12/01/2012 - 12/31/2012
: if I bought a home on 12/01/2012 although I paid the property tax for the
: whole year staring from 12/01/2012 to 11/30/2013?
: Many thanks.

相关阅读
logo
联系我们隐私协议©2024 redian.news
Redian新闻
Redian.news刊载任何文章,不代表同意其说法或描述,仅为提供更多信息,也不构成任何建议。文章信息的合法性及真实性由其作者负责,与Redian.news及其运营公司无关。欢迎投稿,如发现稿件侵权,或作者不愿在本网发表文章,请版权拥有者通知本网处理。