Winnipesaukee Forum - View Single Post - Property Tax Prepayment benefit possible for some NH residents

fatlazyless · 12-24-2017, 04:10 AM

So, by paying to your local town clerk in calendar year-2017 a pre-payment for your estimated-2018 property tax that is in excess of $10,000, are you avoiding or evading the intention of this new tax law, the Tax Cuts and Jobs Act of 2017?

http://www.unionleader.com/politics/...repay-20171224 Union Leader, Dec 23: 'Tax law has some looking to prepay property tax'

Couldn't the IRS issue a ruling that pre-paying 2018-local property tax in 2017 is a design to evade paying your correct 2018-federal income tax ... that is due on April 15, 2019 .... knowing it would probably get challenged in court of law.

http://www.wikipedia.org/wiki/Tax_Cu...bs_Act_of_2017

12-24-2017, 04:10 AM	#40
fatlazyless Senior Member Join Date: Apr 2004 Posts: 8,740 Blog Entries: 1 Thanks: 300 Thanked 1,007 Times in 735 Posts	....to avoid paying, or to evade paying? So, by paying to your local town clerk in calendar year-2017 a pre-payment for your estimated-2018 property tax that is in excess of $10,000, are you avoiding or evading the intention of this new tax law, the Tax Cuts and Jobs Act of 2017? http://www.unionleader.com/politics/...repay-20171224 Union Leader, Dec 23: 'Tax law has some looking to prepay property tax' Couldn't the IRS issue a ruling that pre-paying 2018-local property tax in 2017 is a design to evade paying your correct 2018-federal income tax ... that is due on April 15, 2019 .... knowing it would probably get challenged in court of law. http://www.wikipedia.org/wiki/Tax_Cu...bs_Act_of_2017 __________________ ... down and out, liv'n that Walmart side of the lake! Last edited by fatlazyless; 12-24-2017 at 06:38 AM.