CAR11
Level 1
03-12-2024
03:19 PM
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Hi. Husband & wife both own homes in New Jersey prior to getting married and decided to keep the two homes even after getting married. Husband lives in his home for most of the year, while wife lives in her home for most of the year. They pay NJ property tax on both homes and are filing MFJ for 2023. What amount should be entered on NJ return line 40a for property tax deduction? Can they deduct both homes real estate taxes or pick one that they both live in for most of the year?
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