- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Is your itemized deduction more than standard deduction? Don't forget the SALT limitation. State and local taxes are capped at $10,000. So, if the capped amount is not allowing you to itemize because you will be below the standard deduction, then the system reverts to standard.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
ā€ˇFebruary 24, 2020
7:13 PM