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Deductions & credits
Also...
1).The added property taxes won't do anything if your state income taxes paid/withheld during 2021 have already exceeded $10,000. That deduction is capped.
2) if you are already getting all your Fed withholding back as a refund (or quarterly estimates paid) from your Federal taxes ...then you don't get any more.....and a gazillion $$ of added itemized deductions won't do anything. (also for the Self-employed....it doesn't reduce SS and Medicare taxes due on your SE gains)
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
‎April 19, 2022
10:48 AM