What is the name of your state (only U.S. law)? Illinois
I purchased my home on December 13, 2013 and received a real estate tax adjustment of $2,819.90 at closing for 1/1/13 - 12/12/13.
In 2014, I paid real estate taxes in the amount of $3,103.16 as reported to me on Form 1098. My property taxes are paid a year behind, so the real estate tax bill was for 2013.
What amount can I deduct for real estate taxes on Schedule A of Form 1040?
I purchased my home on December 13, 2013 and received a real estate tax adjustment of $2,819.90 at closing for 1/1/13 - 12/12/13.
In 2014, I paid real estate taxes in the amount of $3,103.16 as reported to me on Form 1098. My property taxes are paid a year behind, so the real estate tax bill was for 2013.
What amount can I deduct for real estate taxes on Schedule A of Form 1040?