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Why is Turbo Tax only showing a 10 thousand dollar max deduction for itemized deductions, when IRS says no limitation?!
For 2021, as in 2020, 2019 and 2018, there is no limitation on itemized deductions, as that limitation was eliminated by the Tax Cuts and Jobs Act.
https://www.irs.gov/newsroom/irs-provides-tax-inflation-adjustments-for-tax-year-2021
‎April 2, 2022
1:42 PM