2007-03-20 05:33:10 · 3 answers · asked by Edwin T 1 in Business & Finance ➔ Taxes ➔ United States
If you are referring to real estate taxes - every dime or penny for that matter. Assuming of course that you paid the taxes and not someone else.
Real Estate Taxes are 100% deductible as a Schedule A deduction or as
a Schedule E expense (if a rental).
2007-03-20 08:06:27 · answer #1 · answered by bold4bs 4 · 0⤊ 0⤋
there is not any dream Act. Democrats refused to bypass it for the period of the two years they controlled the White homestead and the two chambers of Congress. yet while there became, specific, it expands the exertions supply which retains wages down. Of coarse this is going to advise the 25% of childrens sixteen-26 with 40 5% unemployment, and the 25% of those under age 30 who've had to pass back homestead and sleep on the floor of their mothers and fathers basement, could have a plenty harder time, yet it is existence
2016-11-27 00:47:12 · answer #2 · answered by Anonymous · 0⤊ 0⤋
If you itemize deductions you can deduct the property taxes actually paid, along with any mortgage interest actually paid.
2007-03-20 07:02:34 · answer #3 · answered by Bostonian In MO 7 · 1⤊ 0⤋