Well, that's true.
But I guess I unwisely made the assumption (yeah, I know) that the OP was referring to folks who at least paid $500 or $1000.
Itemized deductions - Real estate taxes
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Nope
At least not automatically. It really depends on how much one pays, and that may be
less than the limits.
For example I have quite a few older than65 clients who pay no property taxes, so they
are not entitled.Leave a comment:
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Itemized deductions - Real estate taxes
Will a taxpayer who does not itemize (long form), but pays his property taxes , be given
the $500 ($1,000- couple) added deduction on his standard deduction like 2008?Tags: None
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