Deducting propery taxes when seller paid closing costs?
I bought my place in 2007 and had the sellers pay closing costs (in exchange for a higher close price). Included in this was a portion of the property taxes paid in 2007 for the 2006 tax year (as taxes are always paid in arrears). Since then I’ve paid property taxes for 2007 as well. When I go to deduct my property taxes for my 2007 federal taxes, do I deduct the full amount or just the portion I paid after closing?