News Sections
US Congress Considering Making Property Tax Deductible
Updated May 5, 2013 12:05 AM | Filed under: Network Indiana
 Print    Archive    RSS

(UNDATED) - The state has already approved a property-tax relief package. Now Congress may get into the act.

Next year only, you'd be able to deduct $500 worth of property tax payments on your income tax next year, under a proposal in both the House and Senate.

Couples could deduct $1,000. That would reduce the amount you owe by anywhere from $50 to $350.

« Previous Article
Next Article »

 Print    Archive    RSS

Have a question or comment about a news story? Send it to

Advertise with 1340 AM WBIW
Find more about Weather in Bedford, IN
Advertise with 1340 AM WBIW

1340 AM WBIW, Bedford's Place To Talk. Serving Lawrence and surrounding counties since 1948!

© 2018 Ad-Venture Media, Inc. All Rights Reserved. and Listen Live Powered by HPC

Advertise  |  Careers  |  Contests  |  About  |  Feedback  |  Public File