Taxes assessed for local benefits,such as repair of an existing sidewalk,are deductible as real property taxes.

Name: Taxes assessed for local benefits,such as repair of an existing sidewalk,are deductible as real property taxes.
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Taxes assessed for local benefits that increase the value of the property, such as those for the repair of sidewalks, are not deductible as real property taxes. These are considered assessments for improvements rather than deductible taxes.

Taxes Assessed for Local Benefits,such as Repair of an Existing