New Jersey taxpayers who prepaid one or two quarters of their 2018 property tax assessments at the end of 2017 need to be aware that the amount they can deduct on their federal tax return is not the same as the amount they can deduct on their state tax return. 

We will work with you to determine the correct deductible amount for both federal and state purposes.

Read tax deduction rules here.

We are happy to work with our clients to come up with a plan. Give us a call.