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Deductions & credits
For tax planning purposes (as well as reviewing my 2022 tax return completed with Turbo Tax), I have been reading the posts relating to property taxes being deductible in CA. I understand the 10,000 SALT cap (for federal) but there are conflicting posts relating to how property taxes deducted on CA return (when itemizing). On my 2022 return, it seems that Turbo Tax simply used the capped figure of 10,000 but I'm not sure this is correct. Can someone who understands this issue in CA please 1) describe the rule as to deducting property tax in CA, and 2) where to look in my CA tax return to see if the amount was properly deducted? Thanks.
‎November 28, 2023
8:57 AM