Question

Real Estate Taxes Paid Late due to Late Bill from County

Forum|Forum|7 years ago
June 6, 2019
1 reply
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The second half of my real estate / property taxes were due 12/1/2016, but in talking to our mortgage company, they didn't receive the bill from the county until late December. As a result, the second of two payments was not made until 1/3/2017, though this should have been made in 2016 if not for the late bill. As a result, on our 2016 tax return, we have half the real estate taxes to deduct, which is causing a large fluctuation in what we owe. Given that the bill was supposed to be sent in time for the payment to be made in 2016, do we have any options to avoid owing a large amount this year (and presumably getting a refund next year since there should be three property tax payments made in 2017) ?

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PatriciaV

Employee

Unfortunately, you may report only the property taxes that were paid within the calendar year of your tax return, even if you had escrow funds available.

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H

heldmacmAuthor

Thank you, Patricia. So even though I had no control over this situation occurring (given that it was due to the county sending the bill late), I have absolutely no recourse on my 2016 taxes beyond taking a big hit in what we'll owe this year and having it made up (to some extent) next year?