@mannyaggarwal
Correct...TTX has been notified that the text in that supposed "Help" article is wrong now.
TTX 2025 software uses the new $40000 limit. If you are over the 10k limit, just check your Schedule A (after you've entered all your data) and look at line 5e to see what TTX is using.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
