Government
Watertown Residents Can Prepay 2018 Property Taxes Online or at Town Hall
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Who should prepay their taxes is not an easy question. Many of sought the advice of an accountant. The Boston Globe summarized the situation in this report, which said:
“… those who won’t itemize under the new plan, which boosts the standard deduction to $24,000 for a married couple, or whose property taxes and state income taxes, combined, will exceed the $10,000 cap for those deductions that will take effect in 2018. For them, paying next year’s property taxes now could save hundreds, or thousands of dollars.”