Question

My loan was refinanced late in the year - property taxes were not paid until 2021. I have no 1098 for this tax paid for 2020. What do I do?

Forum|Forum|5 years ago
February 8, 2021
1 reply
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I only have a 1098 for part of property taxes paid for 2020. I have some bank records that show the remaining balance was paid in Feb. 2021. I do not have a 1098 showing this.

TurboTax Deluxe Online

DMarkM1

You can only deduct on your 2020 tax return the amount of real estate taxes paid in 2020. Any amounts paid in 2021 will be on next year's Form 1098 to deduct on your 2021 tax return.

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