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Deductions & credits
Using the standard deduction rather than itemizing deductions is becoming increasingly common.
However, more than just State and Local Income Tax (SALT) counts toward your total itemized deduction.
You can deduct mortgage interest, charitable contributions, and medical expenses as well. Just like the maximum you can deduct for SALT, there are limitations/qualifications in each of these categories, but they add to your total itemized deduction.
See this article for additional information:
Standard Deduction vs. Itemized Deductions: Which Is Better?
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March 8, 2023
6:25 AM