California Taxes – Tax Accountants – Tax Service in Los Angeles, California

Property tax dedutibles: $500 if you’re single/$1000 if you’re married


published on 19.11.2009 in Deductibles

STANDARD DEDUCTION FOR PROPERTY TAXES.  If you own property but don’t itemize, you can take $500 of your property taxes if you’re single and $1,000 if you married off the top of your income.  Perfect for older people and people who buy their home at the end of a tax year.

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