- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
@markkaye_96 All of that is correct but it does not speak to the limit that @DoninGA and @PattiF mentioned. The $5000 limit on taxes deducted on your itemized deductions is a hard limit. THEN you apply everything that you have found on the IRS website to that. Go to this link that @DoninGA provided for you if you need to double check.
**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"
‎February 9, 2022
7:41 PM