- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
The 10K limit applies only to the state and local income tax deduction. And for that specific deduction (line 5a), you can choose either:
- sales tax OR
- state and local taxes (the 10K limit only applies to this deduction).
Choose the one the is the highest amount. You can still deduct mortgage interest, medical, charity donations, etc. in addition to the Sales Tax or Income Tax deduction.
‎June 4, 2019
4:27 PM