I have a tendency to roll over state (and federal) tax refunds into estimated taxes as a way of absolutely preventing surprises at tax filing time.
I wonder if too big a state refund negatively affects federal taxes given the $10,000 SALT limitation?
Specifically, is the SALT amount based solely on taxes actually owed rather than involving the refund?
Or is it a big mistake to defer a big refund? (Yes, I know the arguments about giving the government a free loan...)
