[Fredslist] Prepay 2018 taxes??? Maybe, maybe not

[Jack Britvan]

The Town of Oyster Bay has put their 2018 taxes on line..
http://bit.LY/2DT8FNV

 

Sincerely,

Jack Britvan, SIOR

President

Commercial Realty Services of Long Island Inc.

100 Jericho Quadrangle

Suite 142

Jericho N.Y. 11753

Direct:  516-864-0011

Cell:      516-524-9200

Fax:       516-864-0010

 <mailto:JBritvan at RealBrokers.org> JBritvan at RealBrokers.org

http://www.commercialrealtyofLI.com <http://www.commercialrealtyofli.com/> 

http://www.commercialrealtyconsult.com
<http://www.commercialrealtyconsult.com/>   

 

From: Fredslist [mailto:fredslist-bounces at gothamnetworking.com] On Behalf Of
Susan Zinder
Sent: Wednesday, December 27, 2017 6:00 PM
To: Fredslist
Subject: [Fredslist] Prepay 2018 taxes??? Maybe, maybe not

 

Gotham - 

 

To all my fellow NY and NJ Gothamites who were considering prepaying their
state and local taxes to deal with the loss of the deduction, the Washington
Post is reporting that you may not be able to accomplish what you want to.

 

According to the Post (see link to article below), the IRS is saying you
will only be able to do so if you have a notice from your local taxing
authority as to how much you will owe in taxes. According to the Post, you
will only be able to get the deduction for 2018 taxes that you pay in 2017
"if the local tax authority has notified homeowners prior to 2018 of how
much they owe in property taxes, known as a tax assessment"

 

They confirm that this is developing but heads up - 

 

Susan

 

https://www.washingtonpost.com/news/business/wp/2017/12/27/irs-says-taxpayer
s-trying-to-use-deduction-that-will-be-scaled-back-can-prepay-2018-property-
taxes-only-under-limited-circumstances/?hpid=hp_hp-top-table-main_irs-535pm%
3Ahomepage%2Fstory
<https://www.washingtonpost.com/news/business/wp/2017/12/27/irs-says-taxpaye
rs-trying-to-use-deduction-that-will-be-scaled-back-can-prepay-2018-property
-taxes-only-under-limited-circumstances/?hpid=hp_hp-top-table-main_irs-535pm
%3Ahomepage%2Fstory&utm_term=.029271c4f767> &utm_term=.029271c4f767 

 

Susan Zinder

 

(o) 646-380-6715

(c) 917-370-3369

 

sz at susanzinder.com 

www.susanzinder.com  

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