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Deductions & credits
Thank you. I am aware that the itemized deductions do not count 'dollar for dollar'. I am not claiming medical expenses, so the only two items that may have had an impact are the cap on SALT and the mortgage limit of $750k. But I thought these limits were also in effect last year; hence my question. And last year, TT did itemize my deductions (even the year before that). My itemized deductions have not changed significantly from last year. Since TT gives a comparison between last year's and this year's numbers, it's a good way to confirm any change.
‎October 19, 2023
4:25 PM