DENVER (CBS4)– Some people across Colorado lined up to pay their 2018 property taxes before New Year’s Day, hoping to save money.

The federal tax overhaul signed by Republican President Donald Trump last month puts a new $10,000 limit on deductions for state and local taxes.

property tax rush 12vo consolidated 01 frame 886 Counties Tally Pre Paid Property Taxes Ahead Of New Tax Law Rules

(credit: CBS)

Arapahoe County says early payments totaled nearly $24 million compared to $3.6 million the year before.

Boulder County says the amount collected could reach $45 million.

house home garage real estate for sale sign generic Counties Tally Pre Paid Property Taxes Ahead Of New Tax Law Rules

(credit: CBS)

Denver has collected nearly $20 million.

It’s still not clear whether the IRS will allow the write off under the new tax code.

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