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April 8, 2022
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Where do I report property taxes paid on farm land?

  • April 8, 2022
  • 1 reply
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Best answer by PatriciaV

It depends. If this land is not actively used to grow crops or raise livestock, you would report the Property Taxes under Deductions & Credits >> Property Taxes.

 

But if you have an active farm on the land, property taxes are reported under Farm Expenses as Taxes. Farming Income & Expense section is available in TurboTax Self-Employed Online or any TurboTax version for Desktop.

1 reply

PatriciaV
PatriciaVAnswer
Employee
April 8, 2022

It depends. If this land is not actively used to grow crops or raise livestock, you would report the Property Taxes under Deductions & Credits >> Property Taxes.

 

But if you have an active farm on the land, property taxes are reported under Farm Expenses as Taxes. Farming Income & Expense section is available in TurboTax Self-Employed Online or any TurboTax version for Desktop.

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ndf-Author
April 8, 2022

Good, that's where I was putting it. Thanks!