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Reply to "Did you end up deducting your prepaid property taxes for 2018?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I will do so. The IRS guidance has zero statutory support as far as I can tell. The question should be whether you paid the taxes, not the assessment protocol for your jurisdiction.[/quote] Unless you are willing to take IRS to court, I'd not question IRS's authority. [/quote] The IRS has plenty of statutory authority - starting with the amount owed has to be certain. You don't even know what the rate or the value is for 2018 on December 31, 2017 - no certainty there... Why not pay 2019, 2020, 2021, etc. in 2017 as well? Why stop at 2018?[/quote] This. I’m in Loudoun and they are still debating the 2018 rate, voting soon. Bills are in June and Dec.[/quote]
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