California Society of CPAs / Estate Planning / CalCPA Discussion Forum / property tax deduction on the 706 / Latest PostsInstantForum.NET v4.1.4California Society of CPAshttp://forums.calcpa.org/forums@calcpa.orgThu, 18 Mar 2010 13:33:30 GMT20RE: property tax deduction on the 706http://forums.calcpa.org/Topic801-2-1.aspxYou can take property tax deductions on both the 706 and 1041 because they are a debt on the 706.</P><P>You can take property taxes paid that were not a liability as of the lien date as an administrative expense. Administrative expenses acan be deducted either on the 706 or 1041 but not both.Tue, 11 Aug 2009 18:10:26 GMTMary Kay Foss