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Question

Can anyone explain what "amount not on principal residence" means when filling in property taxes? First time homeowner here

Forum|Forum|3 years ago
January 31, 2023
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TurboTax Deluxe Online

It is referring to the property tax you might have paid on a property other than your principal residence. That could be a second home, a vacation rental, a parcel of land, etc. If you don't own any other real property, then it wouldn't apply to you.

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bseguin-mail-rooAuthor

Thank you! That's what I thought but when putting zero (as it does not apply to me), TurboTax was flagging it for review, so I second guessed myself

The same thing is happening to me which is what led me here, if its zero why does it still flag it for a review repeatedly

Just need some clarification ...

If you own one property and use it as your personal residence only, is that also considered your principle residence?

Property taxes paid in 2024: $##,###.## (This is my personal residence only as I do not run a business out of my home)

And if so, would this question below be $0?

Amount not on principle residence:

Yes, if you live in the one property you own, it would be your principal residence. You would answer $0 in this case.

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