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April 11, 2024
Question

What do i put in my 1098 property tax box? Property Taxes? Principle Paid? or add them?

  • April 11, 2024
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April 11, 2024

Principal paid is not deductible, so don't enter it or add it.

 

The Property Tax can be entered under Deductions & Credits->Mortgage or Property Taxes (yes, two different places).

 

The Property Tax is usually reported to you on your 1098 from your mortgage company or on a separate form.

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