pmeoh
New Member

Why is Turbo Tax deducting over $2K from my deductions in 2017? My adjusted gross is $75,698 and my total deductions are $16,547?

 

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Are you doing a 2017 tax return now? Or comparing 2017 to 2018?
pmeoh
New Member

Get your taxes done using TurboTax

2017
pmeoh
New Member

Get your taxes done using TurboTax

I'm amending my 2017 return now and Turbo Tax is claiming the 2K being deducted from my total deductions is a limited deduction but my income doesn't seem to warrant that.

Get your taxes done using TurboTax

<a rel="nofollow" target="_blank" href="https://www.accountingweb.com/tax/individuals/how-the-pease-rule-impacts-itemized-deductions">https:...>
You are using the 2017 desktop software, right?
pmeoh
New Member

Get your taxes done using TurboTax

Yes, I was but I gave up.  I completed the amended return by hand without Turbo Tax.  Thanks for your help.

Get your taxes done using TurboTax

For 2018, the total of State/Local/Sales/Property tax deductions is capped at $10,000.