Individual and Corporate Tax Preparation | Accounting Services | Coral Springs, Fl | 954-828-2373
Second Home Taxes Second Home Real Estate Taxes and real estate taxes on all your personal homes may be deducted on your income tax return if you are able to itemize deductions on Schedule A. You should receive Form 1099s from …
Real Estate Property Tax Deduction Real estate taxes, sometimes known as real estate property taxes, may be deducted on your federal income tax return if you itemize deductions. Deductible real estate taxes are generally all state, local, or foreign taxes on …
Personal property taxes may be deducted on your federal income tax return if you itemize deductions. Deductible personal property taxes are based on the value of personal property, such as boats, cars, or other tangible personal property. The personal property tax …
Sales Taxes may be deducted on your federal income tax return if you itemize deductions. Actually, you may deduct the greater of your state income taxes or your sales tax paid, but not both. The sales tax deduction is only available for …
State Tax Deduction State Income Taxes Deduction may be deducted on your federal income tax return if you itemize deductions. Actually, you may deduct the greater of your state income taxes or your sales tax paid, but not both. Seven states …