Res property taxes pd via excrow vs. County Treasurer

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  • AZ-Tax
    Senior Member
    • Feb 2008
    • 2604
    #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.
    Tags: None
    • Uncle Sam
      Senior Member
      • Jul 2006
      • 1462
      #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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