LeticiaF1
Employee Tax Expert

Deductions & credits

I reviewed a scenario in TurboTax with the maximum amount of state and local taxes, to see how it would affect Maine's Schedule 2.  Even if you get the whole amount that is allowable for taxes paid in Maine Schedule 2, the form limits your allowable itemized deduction on line 5 to $36,300.  Claiming the maximum amount of state taxes paid on your federal, would not make your return reject.  

 

 

@DC93