Malene J. Kristensen

Tax Deductions For Homeowners 2025. Through 2025, taxpayers who itemize their tax deductions can claim a deduction on their federal tax return up to $10,000 each year for local property taxes paid, according. New homeowners should put reviewing the tax deductions, programs and housing allowances.

From 2018 through 2025, homeowners may deduct a maximum of $10,000 of their total payments for: Historically, property taxes paid on a home have been deductible without limit.