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I owe a ridiculous $15,000 in property taxes this year.

I am trying to figure out what is the maximum amount of taxes I should pay during the 2023 fiscal year to get the maximum income tax write off

https://ibb.co/vXQnCMp

As you can see from the screenshot; $5,351.74 + $2,371.67 must absolutely be paid by December 11, 2023

However with the second set of taxes $5,351.74 +$2,371.67 can be paid as late as 4/10/24 with no penalty.

I heard something about the Salt Tax cap limit expiring soon so wondering am i better off paying say $10,000 this year and then the other $5,000 after January 1st?

Or does it not matter?

Thanks!



Submitted October 12, 2023 at 05:49AM by StudyHour3495 https://ift.tt/dOHvAqg

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