Talk of The Villages Florida - View Single Post - IRS tax question.....
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Old 11-02-2010, 06:56 PM
ArtB ArtB is offline
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Smile IRS tax question.....

Real Estate taxes are tax deductable on the Federal tax return. For those of us who have not paid off our bond.....this tax amount includes the annual prorated amount. What if I pay off my bond? Is the bond payoff amount tax deductible in addition to the Real Estate taxes (which exclude a bond amount?).