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Personal property taxes of $500. Need more information.
Deductible personal property taxes are only those that are based on the value of the personal property. For example, if you pay a yearly fee for the registration of your car, you may pay part of the fee for the tag and part of the fee in ad valorem tax. In fact, part of the fee, depending on your state, may even be based on other factors such as the weight of the vehicle. Only the ad valorem tax that was paid may be deducted because it is the part of the fee that is based on the value of your vehicle.
In addition, to be deductible the tax must be charged to you on a yearly basis. Even if it is actually collected more than once a year or less than once a year, it must be charged to you annually.
Reimbursed health insurance premiums of $1,500 - not deductible
Prescriptions of $150 - not deductible
Contact lenses of $200 - not deductible
Unreimbursed medical expenses of $875 - not deductible
Services provided to a qualified nonprofit of $1,000 - not deductible
Mortgage interest of $3850 - deductible
State income taxes withheld of $1675 - deductible
Real estate taxes $850 - deductible
Charitable contributions of $200 - deductible
Please let me know if I can assist you further.
Thank you and best regards,