2009 Personal Property Taxes Paid
On the 2008 Federal Schedule A, Line 7 was specifically for ‘Personal Property Taxes’. The 2009 Schedule A uses Line 7 for the ‘New Motor Vehicle Tax’. The personal property taxes in 2009 are entered on Line 8 of Federal Schedule A ‘Other Taxes’. To enter this in the TaxACT program:
- Click on the “Federal Q & A” tab.
- Click on “Itemized or Standard Deductions”.
- Click on “Taxes Paid” and click the continue button.
- In the screen titled “Itemized Deductions – Motor Vehicle Tax” select “NO”.
- In the screen titled “Itemized Deductions – Optional State Sales Tax” select “NO”.
- In the screen titled “Itemized Deductions – Real Estate Taxes Paid” click continue.
- In the screen titled “Itemized Deduction – Other Taxes Paid” enter a description for other personal property taxes and then the amount. This will flow to line 8, Schedule A.