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State and local taxes greater than $10,000
Question on SALT deduction. I know that the law changed in 2019 and it now maxes at 10,000. But looking at the screen our State and local income or sales taxes are $11,755 but then it's deducting from my deductions (-$8,591). Shouldn't it just be duducting the overage of $1,755.
Thanks in advance for the help!
March 8, 2020
11:15 AM