If property tax is paid through mortgage, would i claim the amount i paid into the tax account for the year or the amount thay my property tax actually was?

jcutej · ‎October 30, 2019

In ontario, mortgage payment includes a portion to go towards property tax and at the end of the year the amount I paid into the tax account was higher than the property tax ended up being

TurboTaxMary-Ann1 · ‎October 30, 2019

You should claim the actual amount of property tax that you paid on your income tax return. Do not add any of your mortgage payments.

If property tax is paid through mortgage, would i claim the amount i paid into the tax account for the year or the amount thay my property tax actually was?

Investors and rental owners