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Employee
April 9, 2018
Question

itemized return for property tax?

  • April 9, 2018
  • 1 reply
  • 0 views

I am trying to figure out exactly what I received back for my property tax deductions because I split this amount with someone. How do I find a breakdown of what that number was I received back from the government from my property tax deductions?

    1 reply

    Employee
    April 9, 2018

    You can multiply your tax rate by the property tax amount to arrive at an approximation of what the deductions was worth.

     

    Ex: Tax rate is 28% and the property tax total was $4000. The deduction would be worth $4000 X .28 = $112

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