Solved
Can i deduct property tax paid in January 2016
I didn't pay my 2015 property tax until today. Can i deduct it still on my 2015 taxes or do i have to wait till 2016 and deduct 2 years worth of taxes if I pay 2016 this coming december?
You deduct property tax in the year that you actually pay it, regardless of what year it is for. You can not deduct property tax paid in 2016 on your 2015 tax return. You will deduct that on your 2016 tax return when you prepare it in 2017.
Get answers to all your tax questions
Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
©1997-2022 Intuit, Inc. All rights reserved.
Intuit,
QuickBooks, QB, TurboTax, ProConnect, and Mint are registered
trademarks
of Intuit Inc. Terms and conditions, features, support, pricing,
and service options
subject to change without notice.
Security
Certification of the TurboTax Online application has been
performed by
C-Level Security.
By accessing and using this page you
agree to the
Terms of Use.
Accessibility
