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June 6, 2019
Question

Prorated real estate taxes

  • June 6, 2019
  • 1 reply
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I purchased a house and have prorated real estate taxes on my settlement statement.  The seller has the credit  of them and I have the debit.  Who gets to deduct them on the schedule a?  Myself or the seller?

1 reply

Employee
June 6, 2019

You would as long as those were paid in 2016 (you closed in 2016).