property taxes and bunching deductions

JGE · 2009-12-11T02:22:19+00:00

I have searched and it looks like this is ok. But it hasn't beendiscussedin about 5 years (as best I can tell) so I want to make sure they'reno IRSrulings etc, so that people still think it's kosher ...When bunching deductions, is it ok to group two years worth ofproperty taxesinto one year (I'd probably pay this year's late (in January) and nextyear's inDecember when due) ? I understand that I can't just arbitrarilydeduct 2009and 2010 property taxes in 2010, but is it ok if I don't actually paythe 2009taxes until 2010 ? And I understand there will probably be a smallpenaltyfrom the county for my late payment, but the benefit far outweighs it.

Dec 11, 2009 21 Replies

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HLunsford 16 years ago

yep, as identified on your MasterCard statement as "transaction date."

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Seth 16 years ago

That is often not the date that I make the charge. When I check out of a hotel on Sunday, that's often Monday; except in foreign hotels, when it's generally whichever date over the next few weeks has the worst exchange rate.

Seth

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