That is only if you will get it refunded.
Can you elaborate what that means?
You only need to report the next year if you got a refund from the state?
Meaning if you paid the state 50k because you owed them 50k, and therefore got no refund, there is no need to put anything the next your on line 10 of the 1040?
You only put something on line 10, if you owed the state 49k, but paid them 50k, so you get $1000 refund. That $1000 ends up on line 10 but nothing more?
This idea of prepaying property tax or state tax in 2017 still makes sense? Because if you overpay alot, wont that cause you to get a state refund, which in turn will need to end up on line 10 of your 2018 tax return? Or what am i missing?