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Deductions & credits
You're not actually getting any benefit on the State level. The States each have their own rates for taxing, as I am sure you know (having worked in NY!) therefore the States' programs require the access of this information in order to calculate what your "taxable situation" is according to their regulations. You are only getting the deduction for mortgage interest at the Federal level.
March 3, 2021
12:52 PM