Question

Are property taxes deductible separately on state taxes in California?

Forum|Forum|7 years ago
June 5, 2019
2 replies
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ScruffyCurmudgeon

Employee

Real Estate taxes paid in California are not deductble on your CFB California state taxes.

There are some deductible expenses, differing now from the new Federal 2018 tax law.

California does not allow several federal deductions, including deductions for contributions to a health savings account (HSA), adoption expenses, federal estate taxes, educator expenses, qualified higher education expenses, and state, local, or foreign income taxes paid. The amount of other federal deductions such as IRA contributions and charitable giving are also limited in California.
You cannot increase your California standard deduction for property taxes or taxes on the purchase of a new car or disaster losses as you can on your federal return. But California has a few additional deductions of its own:
Interest on loans from utility companies is deductible when the loan is used to purchase and install energy efficient equipment or products
The amount of your federal mortgage interest credit if you qualified for it on your federal return
Medical expenses

Additionally there are further adjustments available: https://www.taxslayer.com/support/732/California-Itemized-Deductions?language=1

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P

petehume1

Per the current CA FTB guidance, property taxes are deductible on your CA state tax return if you itemize and are not subject to the $10k deduction limit that is imposed on the federal return. Local income taxes are not deductible.

https://www.ftb.ca.gov/file/personal/deductions/index.html#Itemized-deductions

https://www.ftb.ca.gov/about-ftb/newsroom/tax-news/march-2019/tax-deduction.html

G

Gmills2020

Turbotax person told me no.

Plus we did not find where on the state 540 to put property tax..

Federal did not carry it over to ca540

Everything I read says we shouldbe able to deduct on California..

M

MayaD

You deduct you property tax only on your Federal return and it will carry over to the state.

Enter your deductions on your Federal return and CA return will use those itemized deductions if the total amount of itemized deductions exceed the CA standard deduction.

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