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Level 2
February 23, 2020
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How do I enter property tax information for mortgage?

  • February 23, 2020
  • 1 reply
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Best answer by itonewbie

Amount paid into the impound/escrow account is not relevant.  If it's paid from the account, which the 1098 should show in Box 10, you will enter that under Deductions > Itemized Deductions (Sch A) > Real Estate Taxes, on the line for Principal residence [Adjust] (Click on button to expand).

1 reply

abctax55
Level 15
February 23, 2020

Your question is unclear.  Do you mean the property tax paid via an impound account?

HumanKind... Be Both
itonewbie
itonewbieAnswer
Level 15
February 23, 2020

Amount paid into the impound/escrow account is not relevant.  If it's paid from the account, which the 1098 should show in Box 10, you will enter that under Deductions > Itemized Deductions (Sch A) > Real Estate Taxes, on the line for Principal residence [Adjust] (Click on button to expand).

---------------------------------------------------------------------------------Still an AllStar
loudyf000Author
Level 2
February 23, 2020

Thank-you Itonewbie. Exactly the answer I was looking for.