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California itemized deduction not working when adding Mortgage interest and Property tax
When I input mortgage interest and property tax in TT mac & also TT online, TT is not picking up itemized deduction, instead uses standard deduction. Hence "CA refund" remains the same when I input mortgage interest and property tax, while "Federal value" is getting changed.
This is for loan > 750K.
Providing screenshots
1. Where I inputted mortgage interest correctly
2. "Two year comp" form that TT generated, is using "11,080" for 2024 which is CA standard deduction value. For 2023, it correctly generated itemized 22,103 value.
February 6, 2025
6:48 AM