Re: deducting the Florida intangible tax

I am not confusing the doc stamp with the remnants of the

> Florida intangible tax. To quote from the Florida Dept of > Revenue: > > The repeal [of the Annual Intangible Personal Property Tax] > DID NOT include: > > The nonrecurring tax on a note, bond, or other obligation > for payment of money that is secured by a mortgage deed or > other lien on real property... > >
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> It is paid on certain refinancing, home equity loans, etc. > and is a separate line on the HUD form > > So I will repeat my original question, is this a personal > property tax? Should it be deducted on Schedule A?

We report it on Line 8, Schedule A - Other Taxes and identify as such. Gulf coast of Florida.

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ebetts3
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