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Old 12-15-2017, 10:39 AM   #1492
Amnorix Amnorix is offline
In BB I trust
 
Join Date: May 2003
Location: Boston, Mass.
So for those who pay more than $10,000 in combined real estate and state/local property taxes, I'm hearing that it makes sense to prepay real estate taxes for 2018 in 2017, if possible. Also, for those paying quarterly estimated taxes, instead of paying the final state estimated income tax on 1/15/18, prepay that in 2017 also.

Those steps obviously allow for deduction in 2017, when they would potentially be lost otherwise due to the new tax bill that seems likely to get through Congress.
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