02-03-2004, 12:13 AM
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 Re: Real Estate taxes paid in next calendar year patrick_heron[at]yahoo.com (Patrick Heron) wrote: - quote - > Unfortunately, I think I know the answer to this one, but...
If paid in 2003, they are only deductible in 2003.> I purchased a home in 2002. By the time all the updated and > supplemental tax bills made their way to me, I ended up > paying them in Jan 2003. Because of this lost deduction in > 2002, I owed money last year (if they had been paid in 2002, > I would have been even). Adding insult to injury, this year > I am stuck with AMT because my deductions are too high > (approx amount = RE tax overflow from 2002). Is there any > way I can apply the 2002 taxes back to 2002 and re-file? << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
02-01-2004, 06:04 AM
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| Real Estate taxes paid in next calendar year Unfortunately, I think I know the answer to this one, but... I purchased a home in 2002. By the time all the updated and supplemental tax bills made their way to me, I ended up paying them in Jan 2003. Because of this lost deduction in 2002, I owed money last year (if they had been paid in 2002, I would have been even). Adding insult to injury, this year I am stuck with AMT because my deductions are too high (approx amount = RE tax overflow from 2002). Is there any way I can apply the 2002 taxes back to 2002 and re-file? thanks in advance, Not too tax-saavy << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| calendar, estate, paid, real, taxes, year |
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