The property tax deduction is great for homeowners. Here's how it works in 2024 and 2025 and what you can do to save money.

The 2017 Tax Cuts and Jobs Act limits the deduction for state and local taxes, including property, income and sales taxes, to $10,000 per year. If you need to deduct more than $10,000 on your tax ...

Owning your home is a huge investment, but if you know what you're doing, ... Property tax deduction. Property tax is also deductible up to the $10,000 state and local tax cap.

Assuming you’re in the 22% tax bracket (which reflects a single head-of-household annual income range of $54,201 to $86,350 and those married filing jointly with an annual income range of ...