- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
When itemizing, you can deduct your state income taxes paid (add up boxes 17 and 19 of your w2's, estimated tax payments made in 2022), or a standard sales tax rateplus any state and local tax for major purchases such as motor vehicles, aircraft, boats, homes and materials to build a home. The greater of the two will go on line 5a. There is a limitation on the taxes you paid section of $10K (Schedule A, line 7). This is advice for 2022 tax return per above.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
TurboTax Live Full Service Tax Expert
‎September 27, 2023
1:54 PM