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December 31, 2024
Question

I live in a 2 fam, and rent one unit,. Half the property tax is an expense against the rental income. Under "DEDUCTIONS & CREDIT" should I use half of the property tax?

  • December 31, 2024
  • 1 reply
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    1 reply

    Employee
    December 31, 2024

    Yes. The other half is an itemized deduction on your personal income tax.