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Updated almost 7 years ago,
Property Tax-how to distribute
Hi, I bought my home(Bayonne, NJ) around Dec 12 ,2016, tax for 1st quarter 2017 was already paid by previous owner, so I paid that amount in closing of home then for the remaining 3 quarters I paid via Escrow account later as part of mortgage installment. so when I got 1098 for year 2017 from my mortgage company it includes taxes for 3 quarters only, not the 1st quarter.so I how to get 1098 for 1st quarter of 2017
also I have paid all taxes for entire year of 2018 in advance directly to city hall in Dec 2017 due to various news/rumors about federal tax changes on property taxes, so how I will get 1098 for year 2018 and when I can claim that, in 2017 or 2018, when I advance paid tax city hall have accessed for 2 quarters only, so paid twice of whatever they accessed for two quarter...Thanks