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View Full Version : This might be a dumb question but..


disang
02-12-2004, 01:00 PM
if we payed the whole amount for DVC would we have anything to deduct for taxes? We wouldn't receive a 1098, right?
Thanks

PamOKW
02-12-2004, 01:02 PM
No question is dumb! If you paid in full then you did not pay any interest to DVC -- you won't have any interest to deduct so you won't be receiving this form.

If you purchased in 2003 and received a dues statement in late December/early January with the amount of dues payable, it also includes a breakout of how much property tax you paid in 2003. You probably can deduct this from your taxes.