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Gotham – </div>
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To all my fellow NY and NJ Gothamites who were considering prepaying their state and local taxes to deal with the loss of the deduction, the Washington Post is reporting that you may not be able to accomplish what you want to.</div>
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<div><font face="Californian FB,sans-serif"><font color="#000080">According to the Post (see link to article below), the IRS is saying you will only be able to do so if you have a notice from your local taxing authority as to how much you will owe in taxes.
According to the Post, you will only be able to get the deduction for 2018 taxes that you pay in 2017 </font></font><font face="Californian FB" style="color: rgb(0, 0, 128);">"<span style="color: rgb(17, 17, 17);">if the local tax authority has notified homeowners
prior to 2018 of how much they owe in property taxes, known as a tax assessment</span></font><font color="#111111" face="Californian FB">”</font></div>
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<div><font face="Californian FB" style="color: rgb(0, 0, 128);"><span style="color: rgb(17, 17, 17);">They confirm that this is developing but heads up - </span></font></div>
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<div><font face="Californian FB" style="color: rgb(0, 0, 128);"><span style="color: rgb(17, 17, 17);">Susan</span></font></div>
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<a href="https://www.washingtonpost.com/news/business/wp/2017/12/27/irs-says-taxpayers-trying-to-use-deduction-that-will-be-scaled-back-can-prepay-2018-property-taxes-only-under-limited-circumstances/?hpid=hp_hp-top-table-main_irs-535pm%3Ahomepage%2Fstory&utm_term=.029271c4f767">https://www.washingtonpost.com/news/business/wp/2017/12/27/irs-says-taxpayers-trying-to-use-deduction-that-will-be-scaled-back-can-prepay-2018-property-taxes-only-under-limited-circumstances/?hpid=hp_hp-top-table-main_irs-535pm%3Ahomepage%2Fstory&utm_term=.029271c4f767</a> </div>
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<b><span style="font-size: 16pt; color: rgb(0, 55, 103); font-family: 'Californian FB', serif;">Susan Zinder</span></b><span style="font-size: 16pt; color: rgb(0, 55, 103); font-family: 'Californian FB', serif;"><o:p></o:p></span></p>
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<span style="font-size: 10pt; color: rgb(0, 55, 103); font-family: 'Californian FB', serif;"> </span></p>
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<b><span style="font-size: 10pt; color: rgb(0, 55, 103); font-family: 'Californian FB', serif;">(o) 646-380-6715</span></b><span style="font-size: 10pt; color: rgb(0, 55, 103); font-family: 'Californian FB', serif;"><o:p></o:p></span></p>
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<b><span style="font-size: 10pt; color: rgb(0, 55, 103); font-family: 'Californian FB', serif;">(c) 917-370-3369</span></b></p>
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<p class="MsoNormal" style="margin: 0in 0in 0.0001pt;"><b>sz@susanzinder.com </b></p>
<p class="MsoNormal" style="margin: 0in 0in 0.0001pt;"><b><a href="http://www.susanzinder.com">www.susanzinder.com</a> <span style="color: rgb(0, 0, 0); font-family: Calibri, sans-serif; font-size: 11pt;"><span style="font-size: 10pt; color: rgb(0, 55, 103); font-family: 'Californian FB', serif;"> </span></span></b></p>
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