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#6
02-02-2006, 12:15 AM
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 Re: when to deduct property tax? <veg_all[at]yahoo.com> wrote: - quote - > In my state we are billed for property tax after the year
Assuming you're a cash based taxpayer (if you don't know> has passed. So I assume the deduction is only relevant to > when I pay the bill, not what year the tax bill is for? what that means, you are one), yes. -- Phil Marti Clarksburg, MD << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#5
02-02-2006, 12:14 AM
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| Re: when to deduct property tax? <veg_all[at]yahoo.com> wrote: - quote - > In my state we are billed for property tax after the year
Assuming you're a cash based taxpayer (if you don't know> has passed. So I assume the deduction is only relevant to > when I pay the bill, not what year the tax bill is for? what that means, you are one), yes. -- Phil Marti Clarksburg, MD << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#4
02-02-2006, 12:14 AM
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| Re: when to deduct property tax? <veg_all[at]yahoo.com> wrote: - quote - > In my state we are billed for property tax after the year
Assuming you're a cash based taxpayer (if you don't know> has passed. So I assume the deduction is only relevant to > when I pay the bill, not what year the tax bill is for? what that means, you are one), yes. -- Phil Marti Clarksburg, MD << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#3
02-01-2006, 11:54 PM
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| Re: when to deduct property tax? "veg_all[at]yahoo.com" <veg_all[at]yahoo.com> wrote: - quote - > In my state we are billed for property tax after the year
Deductions are taken when paid.> has passed. So I assume the deduction is only relevant to > when I pay the bill, not what year the tax bill is for? -- David M. Woods, EA, ChFC, CLU Woods Financial Services Norwood, MA 02062 www.woods-financial.com << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#2
02-01-2006, 01:19 AM
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| Re: when to deduct property tax? veg_all[at]yahoo.com wrote: - quote - > In my state we are billed for property tax after the year
Correct.> has passed. So I assume the deduction is only relevant to > when I pay the bill, not what year the tax bill is for? ChEAr$, Harlan Lunsford tue 31 Jan 2006 << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#1
02-01-2006, 01:00 AM
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| Re: when to deduct property tax? veg_all[at]yahoo.com posted: - quote - > In my state we are billed for property tax after
All deductions are based on _payments_ made during the tax> the year has passed. So I assume the > deduction is only relevant to when I pay the > bill, not what year the tax bill is for? year, so your assumption is correct. Bill << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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02-01-2006, 12:59 AM
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| Re: when to deduct property tax? <veg_all[at]yahoo.com> wrote - quote - > In my state we are billed for property tax after the year
Right, when paid.> has passed. So I assume the deduction is only relevant to > when I pay the bill, not what year the tax bill is for? -- Paul Thomas, CPA paulthomascpapc[at]bellsouth.net << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#-1
01-31-2006, 08:27 PM
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| when to deduct property tax? In my state we are billed for property tax after the year has passed. So I assume the deduction is only relevant to when I pay the bill, not what year the tax bill is for? << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
| Tags |
| deduct, property, tax |
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