What are examples of taxes paid that are input on Sch. A, Line 6?

[PhoebeRoberts · Accepted solution]

Annette Nellen opines that real estate taxes on investment property (property held for the production of income) deductible under IRC 212 go on Line 6, which excludes them from the $10K SALT limitation. Cite is IRC 164(b)(6). Comments from other preparers recommend disclosure on Form 8275.

[abctax55]

I've been following that discussion on a different list-serve.  I haven't formed an opinion, yet.

[IRonMaN]

That was such a good question that you had to ask twice?

[abctax55]

Ha ha....I said the same thing in the other one, and I closed it.

[IRonMaN]

I'm hoping Robert is doing homework rather than preparing tax returns.  :pray:

[George4Tacks]

When in doubt, read the instructions https://www.irs.gov/pub/irs-pdf/i1040sca.pdf If you are still confused wait for Phoebe to throw in another wonderfully intriguing twist. 

[abctax55]

I generally only deduct the ones that were actually PAID during the year.