Changes to 2011 Tax Return Filings

Starting in 2012 the State of California requires the parcel number for each parcel of property for which a real estate tax deduction is claimed.  This new requirement will impact your taxes for it will cause taxpayers to deduct only the proper amount of real estate tax expense.  The largest impact is to the mello-roos fees charged in new property developments.  Attach a copy of the real estate tax bill for any property taxes being deducted, starting with this years tax return.