Did you know that not all real estate taxes are deductible? To be able to determine what is deductible and non-deductible, you will need a copy of your property tax bills.
Real estate tax is an allowable itemized deduction for both federal and state income tax. California conforms to federal law regarding real estate tax deductions. You should use the same deduction amount on both the federal and state tax returns.
The FTB has developed a webpage that provides additional real estate tax information. This information includes:
- How to review property tax bills to identify deductible and nondeductible amounts.
- Items deductible and nondeductible.
- Links to county websites for taxpayers to access their specific property tax bills, if available.
- Links to samples of all county property tax bills that identify deductible and nondeductible amounts.
- Links to all county tax collector contact information to request duplicate tax bills, if needed.
Beginning with the 2012 tax return, the FTB may also include reporting requirements related to real estate tax deductions. You may be required to report the property parcel numbers and the deductible and nondeductible amounts from your property tax bills. You will need copies of your property tax bills to report this information.
For more information on understanding the real estate tax deduction, go to ftb.ca.gov and search for real estate tax.