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Property taxes


steven valles
New MemberCustomer
Joined: 1 week ago
Posts: 2
Topic starter  

I noticed that my property taxes are automatically being deducted. However, I typically take the standard deduction and can't deduct my property taxes. How do add property tax back in as an inflation-accruing annual expense?

Stuart Matthews
Joined: 7 months ago
Posts: 134

Property taxes are always included in the itemized deduction calculation; however, PRC always uses the standard deduction if it's better than the itemized deductions, in which case your property taxes aren't actually considered in figuring your taxes. If you still think there's an error in the tool, please submit a problem report with an export file so it can be investigated. Thanks!