9 Easy Mistakes Homeowners Make on Their Taxes
Blair Hart • February 27, 2015
“Sin #1: Deducting the wrong year for property taxes
You take a tax deduction for property taxes in the year you (or the holder of your escrow account) actually paid them. Some taxing authorities work a year behind — that is, you’re not billed for 2013 property taxes until 2014. But that’s irrelevant to the feds.”
HouseLogic has found the 10 most common errors home owners make when filing taxes. Read this article to learn what they are and how to avoid them.
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