Skip to main content
June 3, 2019
Solved

Question about a real estate tax with tax freeze .Do I report what I paid or what my actual tax was after I was reimbursed to where the tax was frozen.

  • June 3, 2019
  • 1 reply
  • 0 views

If I paid $30,000 but got $5000. back, do I report 30.000 or 25,000?

Best answer by Leonard11_2

You will report what the actual amount of real estate tax you paid after you were reimbursed.

You can not deduct taxes that you did not pay. For the example in your question, you would report $25,000

1 reply

Employee
June 3, 2019

You will report what the actual amount of real estate tax you paid after you were reimbursed.

You can not deduct taxes that you did not pay. For the example in your question, you would report $25,000