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Get your taxes done using TurboTax
@updatedbutnot wrote:That having been said, I suspect many Oregonians who can now add these taxes to form OR-A, line 5, may find they have already reached the $10,000 limit through other means.
I would not make such assumption. For me, reporting SHS tax on OR-A line 5 will actually help maximize the deduction. The other two components in the "Taxes paid deduction" capped at $10,000 are real estate taxes and personal property taxes. I think most Oregonians don't have personal property tax, and have less than $10,000 in real estate taxes.
March 12, 2023
12:14 PM