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March 16, 2025
Question

I live in Chicago, IL and they bill retroactively for property taxes in 2 bills. The first bill I’ve paid, the second won’t come until June, how to deduct 2nd half?

  • March 16, 2025
  • 1 reply
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I am filing taxes for 2024 but don’t half the full amount of my property taxes bill yet, just half of it. I want to ensure I deduct the second half as well

    1 reply

    March 16, 2025

    Nope---you cannot use the part you pay in June 2025 on your 2024 tax return.  It goes by when you actually pay the property tax, not by when it was "for."   Enter only the amount of property tax you really paid in 2024 on your 2024 tax return.

    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**