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