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shf1957
Level 6
March 6, 2021
Solved

Does local property taxes on form 1120 include school taxes paid?

  • March 6, 2021
  • 3 replies
  • 11 views

question asked "Local Property Taxes" paid ...Does that mean to include the school taxes or just the town/lan

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Best answer by DTNY07

School taxes are part of property taxes.  

3 replies

Level 6
March 6, 2021

School taxes as well.   

shf1957
shf1957Author
Level 6
March 6, 2021

Are you sure.. because on the general tax bill it states Property tax  but on the School tax bill it does not .  Just didn't want to take more than required as an expense.

DTNY07Answer
Level 6
March 6, 2021

School taxes are part of property taxes.