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Deductions & credits
Thank you for taking the time to walk through that! Very much appreciated
I think I am still a little confused because we hit the $40K Salt cap, so we lost a portion of our real estate deduction from line 5D, so the total amount that we were actually able to deduct from our taxes was less than what we paid in property taxes (but I guess that is just because we hit the SALT cap on line 5D, and can't use the excess property tax amount against our Schedule C businesses?)
yesterday