meesterj
New Member

Get your taxes done using TurboTax

Thank you for clarifying. Looks like the key is Publication 526. This Publication for 2022 is still in draft as of February 10, 2023, so TurboTax is likely going to be getting an important update once this Publication gets finalized.

For the federal return, my main itemized deductions roughly total:
- charitable contributions ($10,000)
- property taxes ($12,000)
- mortgage interest ($8,500)
- business expenses ($30,000)
Total AGI is just over $100,000, so it would be nice to wipe out most of the tax bill using the above. Lasser's book also notes that for those who itemize, donations made in prior years in excess of percentage cap based on your AGI can be carried forward for up to 5 years, so that should help lower the bill as well.