Ugh, I have a question about tax forms. My 1098 mortgage interest statement lists property taxes, but I just looked that up and shouldn't that be called real estate taxes instead?
#tax #taxes #USATaxLaw #USTaxLaw #1098 #Form1098 #mortgage #escrow #disbursement #PropertyTaxes #RealEstateTaxes #RealEstate
![Screen shot of a section of a tax form I'm filling out online:
REAL ESTATE TAXES
Enter the taxes (state, local, or foreign) you paid on real estate you own that was not used for business, but only if the taxes are real estate taxes. [entry currently blank]
Note:
Do not enter here any personal portion of indirect real estate taxes from Schedule E , Form 8829 or Publication 587 worksheet (Business use of home). The Software will automatically include it.
Personal portion of indirect real estate taxes from Schedule E, Form 8829 and Publication 587 worksheet. [entry automatically filled by software, not editable]
Enter the Parcel ID Number (not required) [entry currently blank and I have no idea what to enter or how to learn that information]
PERSONAL PROPERTY TAXES
Personal Property Taxes [entry currently blank]](https://files.mastodon.social/cache/media_attachments/files/112/152/508/528/583/341/original/e0cd0f65112e3475.png)
![Screen shot from my form 1098:
Disbursement Activity 2023
FHA/Conv Mtg Ins $ [redacted]
Hazard Insurance $ [redacted]
Property Taxes $ [redacted]](https://files.mastodon.social/cache/media_attachments/files/112/152/508/613/769/168/original/90051d841ca58329.png)