The portion of property tax on a vacation home that is attributable to personal use is an itemized deduction.

Question

Quizplus · Accepted Answer

Property tax on a vacation home that is attributable to personal use is considered a deductible expense under itemized deductions on Schedule A of Form 1040. However, only the portion of the property tax that is attributable to the property's use as a personal residence can be claimed as a deduction. The portion of property tax attributable to rental use is considered a rental expense and is reported separately on Schedule E of Form 1040.

The Portion of Property Tax on a Vacation Home That