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I paid estimated local taxes in 2024 for 2024 (and payments for actual taxes due for 2023), what can I deduct on my state taxes for 2024?
Turbo Tax seems to use an amount between the estimated taxes and the lower actual taxes for 2024 - is there a bug?). Note actual local taxes = (state income - deduction of local taxes) (because that is the line on state taxes it uses) x tax rate, sort of circular
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‎April 7, 2025
5:14 PM