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Deductions & credits
Re:SALT- I am doing the annualized income method. It asks me for deductions by time periods ending at 3/31, 5/31,8/31 and then gives me the turbo tax total. In order to come up with turbo tax total i need to reduce my deductions so my total isn't greater than the system total. Do I just subtract the amount i am over from the period ending 5/31 as that is the time frame that put me over the $10K limit.
Thank you.
March 16, 2025
3:01 PM