Standard Deduction Federal Tax 2009
June 15th, 2010Question: Can I put my property tax payment for 2009 on line 7 in schedule L ?
Don’t seem to get above the 11,400 standard deduction this year itemizing this year, so can I use line 7 on schedule L to put the property tax I paid last year, which is over the line 8 entry of 1,000 and add to my standard deduction to make it 12,400 and use on my federal return? Is real estate tax and the property tax I paid on my house last year the same> Thanks
Answer: yes
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