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Res property taxes pd via excrow vs. County Treasurer

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    #1

    Res property taxes pd via excrow vs. County Treasurer

    If the 1098 has an amt paid for property taxes that is different from the county treasurers amt, which would you deduct? I have always deducted the county treasurer amt.
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    #2
    "EXcrow"

    You've got to determine how much was the tax vs the total amount paid.
    Total amount could include penalty and interest charges for late payment
    that are not deductible.
    Uncle Sam, CPA, EA. ARA, NTPI Fellow

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