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SALT
On my 2020 taxes I show a SALT of approximately $11,000 including vehicle registration fees. Turbo tax also shows a SALT adjustment (-$8,300) for SALT greater than $10,000. I don't understand this adjustment if my SALT originally is only $11,000.
Although 2019 was very similar there was no adjustment for SALT > $10,000.
Regards,
Brain-Grabber
March 22, 2021
4:03 PM