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

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.

Are Social Security Benefits Taxable?

Up to 50% or even 85% of your Social security benefits are taxable if your “provisional” or total income, as defined by tax law, is above a certain base amount. Your Social Security income may not be taxable at all if your total income is below the base amount.

Gambling Winnings Tax

Learn more about the gambling winnings tax and form w-2g from the tax experts at H&R Block.

Is Your Capital Gain or Loss Short Term or Long Term?

How can you tell if a capital gain or loss is short term or long term? Find out more from the tax experts at H&R Block.