Hi,
There is an error in the Turbo Tax calculation on the state and local taxes greater than $0 for me.
Mortgage interest: $10,589
State Income Taxes: $21,129
State and local taxes greater than 0: (-$21,129)
TOTAL DEDUCTION: $10,589.
The above is incorrect because it should be $21,129 - $10,000 = 11,129.
Therefore, the state and local taxes greater than 0 should be (-$11,129).
How do I fix this in Turbo Tax?
