Welcome Guest. Register Now!  


Itemized Deductions Schedule-A


 
 
LinkBack Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #1 (permalink)  
Old 03-16-2011, 03:46 PM
Junior Member
 
Join Date: Mar 2011
Posts: 1
Special Assessment Tax Question

I pay a special assessment to the county I live in. It was explained to us it was to add the sewers and roads and helped keep the initial sale price of the houses down. The question, however, is the interest I pay on the special assessment tax deductible, and if so, where do I claim it on my tax form? I'm assuming on Schedule A.

This assessment is not claimed to the IRS, and is paid to the village I live in, so I don't have a tax ID to report.

Thanks for any help I get

Matt


Last edited by MattJr35 : 03-16-2011 at 04:14 PM.


Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
 



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Undissolved "S" Corp -NYS Tax Assessment Liability Letter ScorpTerminator S-Corporation 3 12-25-2013 08:16 PM
Special Deduction for ppl that earn 45.000 or less? Liona Income 0 02-28-2010 09:00 PM
Special Tax Break on New Car Purchases Available in States With No Sales Tax Samatg Tax News 0 06-10-2009 10:58 PM
Special Charitable Contributions for Certain IRA Owners Samatg For 2008 0 02-04-2009 04:34 PM
Are there any special IRS withholding rules for severence pay? larry Miscellaneous 1 07-04-2008 10:44 AM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.