[quote=Myriad][quote=flu][quote=EJ]Just curious … why pay the second installment now? I always wait until April 10, the last day without penalty. Is there any advantage to pay early?[/quote]
no, besides remembering to pay them versus forgetting April 10[/quote]
At some point in the past, I paid 3 installments in one year for tax reasons. So now I’m on the schedule where I pay both of my payments at the end of the year.[/quote]
Before it could work for you because the year you paid the property tax would be the year that they would go on your itemized deductions. For some it didn’t matter because you were getting hit with AMT… And now, it doesn’t matter as much because your SALT deductions are limited. I didn’t even both to itemize last year.
The standard deduction was a better option for me, and since I intentionally did very little donations, there wasn’t much worth itemizing.