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Old 06-12-2009, 01:26 PM
784caroline 784caroline is offline
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Default Real Estate Tax Deduction - Even GAO says its confusing

Interesting report just released from The Government Accountability Office (GAO) stating that its confusing for the average taxpayer to figure out what to claim as a tax deduction for local real estate taxes. The entire report is available below.


Real Estate Tax Deduction: Taxpayers Face Challenges in Determining What Qualifies; Better Information Could Improve Compliance. GAO-09-521.

http://www.gao.gov/cgi-bin/getrpt?GAO-09-521