(Updated at 1:55 p.m.) Arlington County has collected some $11.5 million in property tax deposits for future years, according to Treasurer Carla de la Pava, but it’s unclear whether taxpayers will be able to deduct those prepayments from their 2017 federal taxes.
Following a ruling by the IRS yesterday, limiting deductions to property taxes assessed in 2017, the county issued a statement Thursday afternoon that made it clear that Arlington is unable to assess 2018 property taxes until the County Board sets the tax rate in April.