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June 6, 2019
Question

I pay both property taxes and school taxes. Are they both deductible or only the property taxes?

  • June 6, 2019
  • 2 replies
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2 replies

June 6, 2019

Real estate taxes (property taxes) paid on your primary residence are deductible as an itemized deduction on Schedule A of your federal return.

If a real estate taxes paid amount was reported to you (usually in Box 10 on your Form 1098), this represents the amount of real estate taxes you paid on your residence during the tax year.  This is the amount which should be included on your federal income tax return, on Form 1040 Schedule A, Itemized Deductions, Line 6, (Real estate taxes), if you itemize your deductions.

Here's how to enter real estate taxes paid in TurboTax:

  • In your return, click on Federal Taxes tab
  • Click on Deductions & Credits
  • Under Your tax breaks, select Edit/Add button for “Property Taxes”

On “Enter the Property Taxes You Paid”, enter the amount of real estate taxes paid on the home in the "Your Main Home” box, per the Form 1098 Box 10, or from whatever source you received the real estate taxes paid amount.

 

April 10, 2023

Didn't answer school taxes question

April 7, 2024

What if the property taxes and school taxes were not reported on my form 1098? Can I still deduct them?

DawnC
April 11, 2023

You can go back through your state tax return and correct any answers you skipped.   TurboTax will flag missing entries when you Review your tax return before filing.  @atmahan 

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April 4, 2024

This quest has not been answered.  My question is for the state of NY where we have both a property tax for local and a school tax for the school system.  The school tax is also based on the property value, so is a property tax.

Are the two deductible?

SusanY1
April 4, 2024

Yes, New York school taxes can be included in the amounts entered for property tax deductions for your federal return.  

@JRLTHOMP 

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