I'm not sure that we are looking at the same information, so I'll try to clarify:
- My token is 1295242
- There are NO state income taxes in our deductions. The last reply stated that NY State income taxes were 'Half of your itemized deductions'
- Our deductions are only for PROPERTY TAXES and DONATIONS TO CHARITY.
- The sum of our property taxes and donations to charity are GREATER than the Standard deduction for NY State ($16,050).
- For Married jointly, the limit on itemized deductions in NY starts to take effect with a Federal adjusted gross income of $396,250. We are well below that, so I don't believe our deductions for Property Taxes and Donations to Charity are limited. The last reply stated that 'your itemized deduction is limited.'
- Turbo Tax keeps choosing to use the Standard deduction (Which is lower that what our itemized deduction should be.
- Maybe I made a mistake somewhere that is making Turbotax believe that the Standard deduction is higher, but I can't find any mistakes.
- What would REALLY help would be if I could see what TurboTax thinks the Itemized deductions would be (and maybe how it calculated that). The instructions state 'WHEN STARTING YOUR STATE TAXES IN TURBOTAX, WE'LL ASK WHICH DEDUCTION YOU WANT TO TAKE' But I can't find that option!
- Please point me to where I find the option to choose the itemized deduction! (A screenshot of where I find that option would be ideal).
