California law conforms to federal law regarding real estate tax deductions. You should use the same real estate deduction amount on both federal and state tax returns. Individuals who itemize deductions can claim deductions for real estate tax on Schedule A of their federal individual income tax return. You are allowed to deduct only the amount of real estate tax paid during the year that is based on the assessed value of your property and that is not for a local benefit that tends to increase the value of your property.
You cannot deduct any amounts shown on your property tax
bill, including special assessments, special taxes, fees, or charges that are
not computed based on the assessed value of your property, regardless of their
|Description||Tax Rate/Phone||Tax Amount||Total|
|Total Direct Levy/Special Assessments||$1,000.00|
|Total Property Tax||$3,040.00|