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February 26, 2025
Question

Property tax deduction on 2nd home

  • February 26, 2025
  • 1 reply
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We bought a house in 2024, and made it our primary residence, but we have not sold our first home. It is not being rented out. How do we claim the property tax deduction for the "old" home?  Thank you.

    1 reply

    February 26, 2025

    You can enter it under Federal>Deductions and Credits>Your Home>Property Taxes

    The combination of tax paid on both homes is capped at the maximum of $10K

    **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.**