Question

Are real estate taxes the same as property taxes?

Answer

Yes, the term “property taxes” usually refers to real estate taxes paid on your home or property. There is a tax on personal property called “personal property tax,” which isn’t the same. Personal property refers to items that are mobile, rather than real property that’s fixed.

Related Topics

Related Resources

Taxes On Overpayment Of Unemployment Benefits

What are the implications on your taxes if you received too much in unemployment benefits and had to repay? Learn more from the tax experts at H&R Blo

How To Report Self-Employment Income

Can you create a W-2 for self-employed income? Learn more from the tax experts at H&R Block.

Job Taxes

Learn how to maximize your salary and benefits with more information on new job tax forms and deductions from the tax experts at H&R Block.

Nondividend Distributions

Learn more about nontaxable distributions on Form 1099-Div Box 3 and get tax answers at H&R Block.